Core Insights - Angry Chickz has secured an investment from Saratoga Investment Corp. to facilitate national expansion, with plans to increase from 33 locations to over 50 in the next year [1] - The company reported $55.6 million in sales for 2024, reflecting a 58.7% year-over-year increase, with average unit volumes of $2.1 million, surpassing competitors like Popeyes and KFC [2] Company Overview - Founded in 2018 in Los Angeles, Angry Chickz has rapidly grown its presence in the quick-service restaurant (QSR) chicken category [2] - The CEO, David Mkhitaryan, expressed enthusiasm about the partnership with Saratoga, emphasizing the importance of capital and strategic support for growth while maintaining quality and culture [3] Investment Details - Saratoga Investment Corp. is a publicly traded business development company that finances middle-market companies across various industries, with a portfolio that includes other food brands [4] - Mike Grisius, co-managing partner and chief investment officer at Saratoga, highlighted Angry Chickz as a compelling growth investment opportunity due to its strong brand and operational discipline [5] - DelMorgan & Co. acted as the exclusive financial advisor for Angry Chickz during this transaction, while Glaser Weil LLP provided legal counsel [5]