Craveable Brands Ltd (formerly known as Quick Service Restaurant Holdings) is an Australian

fast food Fast food is a type of mass-produced food designed for commercial resale, with a strong priority placed on speed of service. It is a commercial term, limited to food sold in a restaurant or store with frozen, preheated or precooked ingredien ...

holding company. It owns the Red Rooster, Oporto, and

Chicken Treat Chicken Treat is an Australian barbecue chicken fast food restaurant chain that was founded and primarily operates in Western Australia. As of December 2022, Chicken Treat has over 60 outlets within Western Australia, one in Central Queensland, ...

brands with 580 restaurants in Australasia and Southeast Asia. The company has been a subsidiary of Hong Kong-based private equity firm PAG Asia Capital since July 2019.

History

The company was founded in 2007 as Quick Service Restaurant Holdings (QSR) from the management buyout of Australian Fast Foods (AFF). The A$180 million deal was in partnership with Quadrant Private Equity, AFF's managing director Frank Romano, and other management members. In July 2007, QSR acquired the Oporto chain of restaurants for A$60 million. In June 2011, Archer Capital acquired QSR from Quadrant Private Equity for an estimated A$450 million. In May 2017 the company was renamed from Quick Service Restaurant Holdings to Craveable Brands Ltd in advance of a proposed stock market flotation. In July 2019, parent company Archer Capital sold Craveable Brands to PAG Asia Capital for an estimated A$450–500 million.

References

{{Reflist Food and drink companies based in Sydney Fast-food chains of Australia Fast-food franchises Holding companies of Australia Restaurant chains in Australia