Captain D's

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Captain D’s
Private
Industry Fast casual restaurant
Founded August 15, 1969 in Donelson, Tennessee, U.S.
Headquarters Nashville, Tennessee, U.S.
Number of locations
520
Key people
Phil Greifeld (President & CEO)
Laurie Lawhorne [1](CFO)
Jonathan Muhtar (CMO)
Jim Stevens (COO)
Michael Arrowsmith (CDO)
Parent Centre Partners
Website captainds.com

Captain D’s is a U.S.-based chain of fast-casual restaurants, specializing in seafood and fish and chips. The restaurant also features a low-carbohydrate menu. The restaurant chain's headquarters is located in Nashville, Tennessee.[2] Its main competitor is Long John Silver's.

The first Captain D’s restaurant opened in Donelson, Tennessee, on August 15, 1969 under the name “Mr. D’s”. The “D” is the initial of the last name of the co-founder, Ray Danner.

Captain D’s Seafood has won the 2007 Nation’s Restaurant News “MenuMasters Award” in the category of “Best Menu Revamp.”.[3] More recently, Captain D's has experienced a major brand turnaround, with over two years of same store sales growth. The success has also brought about a renewed interested in franchising, as existing and new Captain D's franchisees have begun opening new restaurants.[4][5] Additionally, Phil Greifeld was named CEO of the Year by the Nashville Post in 2013.[6]

Captain D's on the lot of Southgate Mall in Elizabeth City, North Carolina. Notice the current logo on the sign, while the building itself retains the previous "plate" logo.

After a 2000 bankruptcy, Dallas-based Lone Star Funds bought Shoney’s in 2002. Timonium, Maryland-based Grotech Capital Group Inc. and Charlesbank Capital Partners, a Boston private equity firm, formed Sagittarius Brands and bought Captain D’s in December 2004 for US$150 million. Captain D’s owners also operated Del Taco.[7]

In 2010, Captain D's was acquired by Sun Capital Partners.[8] Captain D's bought Grandy's from Souper Salad in 2012.[9] In 2013, Sun sold Captain D's to Centre Partners.[10] The sale of Captain D's in 2013 was recognized by Reuters Buyout Magazine as the 2013 Turnaround Deal of the Year.

References