Whataburger sells out to BDT, and Texans worry about menu

Whataburger sells majority interest to merchant bank

Whataburger sells majority interest to merchant bank

Texans icon JJ Watt has also joked about keeping the Whataburger menu as is by buying the restaurant.

Whataburger announced today that it is selling a majority interest in the company to BDT Capital Partners, LLC, a Chicago-based bank.

The Dobson family, who founded the company, will remain minority stakeholders and Whataburger headquarters will stay in San Antonio. "For our existing customers we want you to know that we are committed to the tradition and the legacy that the Dobson family has built, and we will do everything we can to continue making you proud".

As part of the change, many members of the Whataburger leadership staff have been promoted.

Still, a Chicago-based company taking over has some Texans anxious. After all, a quick internet search indicates the closest Whataburger to Chicago is almost 700 miles away, in Fayetteville, Arkansas. "It's kind of odd to have it sold to somewhere in Chicago".

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"Whataburger has grown significantly over the years".

Perhaps most important, Texas customers will still be able to get the burgers, chicken sandwiches, and taquitos that have made the chain a cult favorite - and claim Whataburger as their own.

"Together, BDT and the Whataburger team will begin exploring expansion plans - while staying true to the brand it has been over the past 69 years", Whataburger said in a statement about the sale.

The very familiar family owned burger chain is no longer family owned. Davis says the goal of trying to expand from being a regional chain does bring some risk, but the company has been doing well in a fast-food industry that has been stagnating. Texas is home to 676 of those restaurants.

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