Tamarix Equity Partners Invests in The Halal Shack to Fuel Growth

At-a-Glance

  • Client: Tamarix Equity Partners 
  • Matter: Ice Miller represented Tamarix Equity Partners in its strategic equity investment in The Halal Shack, a rapidly growing operator of fast-casual brands, to support the company’s continued growth as a leading foodservice provider to higher education and adjacent categories.
  • Sector(s): Private equity and investment management
  • Outcome: The partnership with Tamarix Equity Partners positions The Halal Shack to accelerate growth, expand its footprint nationwide, and scale its portfolio of fast-casual dining brands across new college campuses and end markets.

The Client

Tamarix Equity Partners is a middle-market private equity firm based in New York City that invests in family and founder-owned companies at an inflection point of growth, providing capital, resources, and expertise to support long-term, sustainable returns for all stakeholders.

Since its founding in 2017, The Halal Shack has rapidly grown into a leading fast-casual foodservice platform, currently with more than 75 locations across college campuses nationwide. Today, the platform has four fast-growing concepts, including: The Halal Shack, Damor Chai Café, Jamal’s Chicken, and Baba’s Pizza. The restaurants offer approachable menus with mass appeal while supporting unique dietary needs.

The Challenge

As the Halal Shack continued its rapid growth across higher education campuses, they sought a strategic partner that had significant experience in fast-casual franchising and the resources to help the founder scale the platform while keeping the brand values intact.

The Solution

Ice Miller's private equity team advised Tamarix throughout the transaction, from deal structuring through closing. We helped facilitate a strategic equity investment by Tamarix Equity Partners, aligning The Halal Shack with an experienced private equity partner to provide support for continued growth, operational development, and brand expansion.

The Results

The partnership provides The Halal Shack with the financial backing and strategic support to continue accelerating its expansion across college campuses, while creating the opportunity to tap into new markets.

The Team

Tom Kesoglou, Partner

Sam Raboy, Partner

Brian Schultz, Partner

Chris Hall, Of Counsel

Ben Goodman, Associate

John Zachariah, Associate

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