Axum Capital Partners

Axum Capital Partners is a private equity firm established in 2010 and headquartered in Charlotte, North Carolina. The firm specializes in lower and middle market investments, primarily focusing on small to mid-sized privately held businesses. Its investment strategy emphasizes sectors such as food and beverage, particularly limited service and quick service restaurants, as well as niche manufacturers and branded food and beverage companies. Additionally, Axum targets educational services, especially child daycare, along with other markets that fulfill essential consumer or business needs. The firm seeks to acquire controlling stakes in companies that generate revenues exceeding $250 million, with EBITDA ranging from $3 million to $15 million. Axum Capital Partners leverages its team's extensive industry expertise and connections, including access to the professional athlete community, to enhance value in its portfolio companies.

Denis Ackah-Yensu

Co-Founder and Managing Director

Jean Fugett Jr.

Senior Partner

Raymond Groth

Managing Director

Muhsin Muhammad

Managing Director

1 past transactions

Back Yard Burgers

Acquisition in 2017
Back Yard Burgers, Inc. is a fast-casual restaurant chain based in Nashville, Tennessee, specializing in custom, flame-grilled burgers and sandwiches. Founded in 1987, the company operates 55 locations across 11 states, including Alabama, Arkansas, Florida, and Virginia, with a mix of company-owned and franchised restaurants. The menu features made-to-order gourmet Angus burgers, grilled chicken sandwiches, fresh salads, hand-dipped milkshakes, and baked desserts, all prepared with a focus on fresh ingredients. Back Yard Burgers also offers catering services for various events, including tailgates and family reunions. In addition, the company actively participates in community initiatives, supporting efforts to combat childhood hunger through partnerships with organizations like Share Our Strength – No Kid Hungry.
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