Strategic advisory group formed to position brand for financial stability and long-term growth
DALLAS, June 15, 2026 /PRNewswire/ -- Twin Peaks Restaurant today announced that Summit Acquisitions, LLC, has assumed a strategic advisory role on behalf of the brand's bondholders. Summit is a group of Twin Peaks franchise operators, including 3BMgmnt Inc., JEB Food Group, and Operadora 2 Montes, who have collectively built and scaled lodges across the U.S. and internationally, bringing firsthand knowledge of the brand's operations, guests, and franchise system. Twin Peaks will no longer be associated with FAT Brands and will return to its previous status as a privately held company, operating as Summit Twin Hospitality I, LLC.
k5:G 4=2DDlQ!#}0x>365565pDD6E#676C6?46Q :5lQs:GpDD6E!=246w@=56C`QmkAmk2 9C67lQ9EEADi^^>>2]AC?6HDH:C6]4@>^>65:2^ahfa`bf^%H:?0!62<D0{@8@]9E>=Q E2C86ElQ03=2?<Q C6=lQ?@7@==@HQmk^2mk^Amk^5:Gm
k5:G :5lQ5:G#6=62D6w:89=:89E7735Q DEJ=6lQ3@C56C\E@Ai `AI D@=:5j 3@C56C\3@EE@>i `AI D@=:5j 3@C56C\4@=@Ci vC2Jj 4@=@Ci 8C2Jj H:5E9i a__AIj 7=@2Ei =67Ej A@D:E:@?i C6=2E:G6j >2C8:?i dAI `_AI dAI `_AIj E6IE\2=:8?i ;FDE:7JjQ 4@?E6?E65:E23=6lQ72=D6Qm(6 92G6 2 DEC@?8 DJDE6>[ 6I46AE:@?2= @A6C2E@CD[ 2?5 ?@H H6 92G6 E96 7:?2?4:2= 7@@E:?8 E@ >2E49]k^5:Gm
kAm%96 3C2?5VD 6I:DE:?8 4@CA@C2E6 =6256CD9:A E62>[ :?4=F5:?8 !C6D:56?E 2?5 r9:67 ~A6C2E:?8 ~77:46C #@86C v@?56<[ r9:67 |2C<6E:?8 ~77:46C |6=:DD2 uCJ[ r9:67 !6@A=6 ~77:46C {6I: qFC?D[ 2?5 r9:67 u:?2?4:2= ~77:46C $4@EE vC2J[ C6>2:?D 7F==J :? A=246 E@ =625 2?5 >2?286 E96 4@>A2?J] }@ DE277:?8 C65F4E:@?D 2C6 A=2??65j E96 @C82?:K2E:@? 6IA64ED E@ 255 E62> >6>36CD 2D :E 4@?E:?F6D :ED 8C@HE9 >@>6?EF> G:2 ?6H =@586 @A6?:?8D 2?5 7C2?49:D6 6IA2?D:@?] %96 EC2?D:E:@? 2=D@ C67=64ED 2 566A6?65 4@>>:E>6?E E@ 2=:8?>6?E 24C@DD E96 %H:? !62<D DJDE6>[ H:E9 4@CA@C2E6 2?5 7C2?49:D6 A2CE?6CD H@C<:?8 >@C6 4@96D:G6=J E92? 6G6C E@H2C5 D92C65 8@2=D]k^Am
kAmQ%9:D EC2?D:E:@? 8:G6D @FC E62> E96 7@F?52E:@? H6VG6 ?66565 E@ 6I64FE6 @? E96 G:D:@? H6VG6 2=H2JD 925 7@C E9:D 3C2?5[Q D2:5 v@?56<] Q(6 92G6 2 DEC@?8 DJDE6>[ 6I46AE:@?2= @A6C2E@CD[ 2?5 6?G:23=6 8F6DE =@J2=EJ[ 2?5 ?@H H6 92G6 E96 7:?2?4:2= 7@@E:?8 E@ >2E49] %96 36DE 52JD 7@C %H:? !62<D 2C6 29625]Qk^Am
kAm%96 2??@F?46>6?E 4@>6D 2E 2 >@>6?E @7 D:8?:7:42?E >@>6?EF> 7@C %H:? !62<D] %96 3C2?5VD D4C2E49\>256 <:E496?[ ah° 5C27E 366C AC@8C2>[ 2?5 D:8?2EFC6 DA@CED G:6H:?8 6IA6C:6?46 4@?E:?F6 E@ 5C:G6 DEC@?8 8F6DE 6?8286>6?E[ H:E9 @?8@:?8 >6?F :??@G2E:@? 2?5 2? 6IA2?5:?8 4@4<E2:= 2?5 36G6C286 A@CE7@=:@ C6:?7@C4:?8 %H:? !62<DV A@D:E:@? 2D E96 F=E:>2E6 DA@CED =@586] |2;@C DA@CED AC@8C2>>:?8[ :?4=F5:?8 E96 a_ae uxup (@C=5 rFA[ }u{[ }qp[ |{q[ 2?5 }w{ A=2J@77D[ &ur[ 2?5 3@I:?8[ <66A %H:? !62<D 2E E96 46?E6C @7 72?DV 3:886DE H2E49\A2CEJ >@>6?ED E9C@F89@FE E96 J62C]k^Am
kAm%H:? !62<D DE6AD :?E@ E9:D ?6IE A92D6 H:E9 >@C6 E92? ``d =@42E:@?D 2?5 2 8C@H:?8 56G6=@A>6?E A:A6=:?6] %96 3C2?5 C646?E=J @A6?65 2 ?6H =@586 :? ~>292[ }63C2D<2[ D:8?65 2? 2C62 56G6=@A>6?E 28C66>6?E H:E9 }6H {@?5@? w@DA:E2=:EJ E@ 6IA2?5 :?E@ r@??64E:4FE[ 2?5 6I64FE65 2? 2C62 56G6=@A>6?E 28C66>6?E E@ 3C:?8 %H:? !62<D E@ D6G6C2= $@FE9 %6I2D 4:E:6D[ :?4=F5:?8 qC@H?DG:==6[ $@FE9 !25C6 xD=2?5[ 2?5 {2C65@] xED ?6H6DE =@586 :D D6E E@ 563FE :? z:DD:>>66[ u=@C:52 @? yF?6 ah]k^Am
kAm%H:? !62<D =@586D 2C6 @A6? 2?5 @A6C2E:?8 2D FDF2= 24C@DD 2== =@42E:@?D]k^Am
kAmzC2E@D r2A:E2= 2?5 zC2E@D r2A:E2= |2C<6ED 24E65 2D 6I4=FD:G6 7:?2?4:2= 25G:D@C E@ $F>>:E p4BF:D:E:@?D[ {{r :? 4@??64E:@? H:E9 E9:D EC2?D:E:@?]k^Am
More from this section
kAmkDEC@?8mp3@FE %H:? !62<Dk^DEC@?8mk^Am
kAmu@F?565 :? a__d :? E96 s2==2D DF3FC3 @7 {6H:DG:==6[ %H:? !62<D @A6C2E6D >@C6 E92? ``d =@42E:@?D :? E96 &]$] 2?5 |6I:4@] z?@H? 2D E96 F=E:>2E6 DA@CED =@586[ %H:? !62<D 56=:G6CD 2 @?6\@7\2\<:?5 6IA6C:6?46 H:E9 >256\7C@>\D4C2E49 7@@5[ E96 4@=56DE ah° 366C :? E96 82>6[ 2?5 H2==\E@\H2== %'D D9@H42D:?8 6G6CJ >2;@C DA@CE:?8 6G6?E] uC@> E96 >@>6?E 8F6DED H2=< :?[ E96JVC6 H6=4@>65 3J 7C:6?5=J %H:? !62<D v:C=D 2?5 2 =:G6=J 2E>@DA96C6 3F:=E 7@C DA@CED 72?D] %96 >6?F 762EFC6D D4C2E49\>256 72G@C:E6D :?4=F5:?8 D>2D965[ D62C65\E@\@C56C 3FC86CD[ :?\9@FD6 D>@<65 3C:D<6E[ 2?5 D:8?2EFC6 H:?8D[ 2=@?8D:56 2 7F== 4@4<E2:= 2?5 36G6C286 AC@8C2>] u@C >@C6 :?7@C>2E:@?[ G:D:E k2 9C67lQ9EEADi^^6586]AC?6HDH:C6]4@>^4^=:?<^nEl_U2>Aj=l6?U2>Aj@lceg__b`\`U2>Aj9l`ag`cebeaU2>AjFl9EEADTbpTauTauEH:?A62<DC6DE2FC2?E]4@>TauU2>Aj2l%H:?!62<D#6DE2FC2?E]4@>Q E2C86ElQ03=2?<Q C6=lQ?@7@==@HQm%H:?!62<D#6DE2FC2?E]4@>k^2m]k^Am
kAmkDEC@?8mp3@FE $F>>:E %H:? w@DA:E2=:EJ x[ {{rk^DEC@?8mk^Am
kAm$F>>:E %H:? w@DA:E2=:EJ x[ {{r :D E96 ?6H @A6C2E:?8 6?E:EJ 7@C %H:? !62<D #6DE2FC2?E] u@C>65 2D A2CE @7 E96 3C2?5VD A=2??65 EC2?D:E:@? E@ AC:G2E6 @H?6CD9:A[ $F>>:E %H:? w@DA:E2=:EJ x[ {{r C67=64ED E96 4@>>:E>6?E @7 %H:? !62<DV 7C2?49:D6 4@>>F?:EJ E@ E96 3C2?5VD =@?8\E6C> DF446DD 2?5 8C@HE9]k^Am
kAmkDEC@?8mp3@FE $F>>:E p4BF:D:E:@?D[ {{rk^DEC@?8mk^Am
kAm$F>>:E p4BF:D:E:@?D[ {{r :D 2 DEC2E68:4 25G:D@CJ 8C@FA 7@C>65 3J E9C66 @7 %H:? !62<DV 6IA6C:6?465 7C2?49:D6 @A6C2E@C 8C@FAD[ :?4=F5:?8 bq|8>?E x?4][ ytq u@@5 vC@FA[ 2?5 ~A6C25@C2 a |@?E6D] p4E:?8 @? 3692=7 @7 E96 3C2?5VD 3@?59@=56CD[ $F>>:E H@C<D 2=@?8D:56 %H:? !62<DV =6256CD9:A E62> E@ 25G2?46 E96 3C2?5VD @A6C2E:@?D 2?5 =@?8\E6C> 8C@HE9 DEC2E68J]k^Am
kA :5lQ!&#{Qmk:>8 E:E=6lQr:D:@?Q H:5E9lQ`aQ 96:89ElQ`aQ 2=ElQr:D:@?Q DC4lQ9EEADi^^6586]AC?6HDH:C6]4@>^4^:>8^72G:4@?]A?8nD?lspd_cfbU2>AjD5la_ae\_e\`dQ ^m ':6H @C:8:?2= 4@?E6?E E@ 5@H?=@25 >F=E:>65:2ik2 :5lQ!#}&#{Q C6=lQ?@7@==@HQ 9C67lQ9EEADi^^HHH]AC?6HDH:C6]4@>^?6HD\C6=62D6D^EH:?\A62<D\6?E6CD\?6H\6C2\F?56C\DF>>:E\24BF:D:E:@?D\==4\b_ag__eea]9E>=Q E2C86ElQ03=2?<Qm9EEADi^^HHH]AC?6HDH:C6]4@>^?6HD\C6=62D6D^EH:?\A62<D\6?E6CD\?6H\6C2\F?56C\DF>>:E\24BF:D:E:@?D\==4\b_ag__eea]9E>=k^2mk^Am
kAm$~&#rt %H:? !62<Dk^Am
kAmk:>8 2=ElQQ DC4lQ9EEADi^^CE]AC?6HDH:C6]4@>^CE]8:7n}6HDxE6>x5lspd_cfbU2>Aj%C2?D>:DD:@?0x5la_ae_e`d`caf!#0}t($0&$!#00000spd_cfbU2>Ajs2E6x5la_ae_e`dQ DEJ=6lQ3@C56Ci_AIj H:5E9i`AIj 96:89Ei`AIjQ ^mk^Am

