Strategic advisory group formed by experienced franchise operators positions brand for financial stability, long-term private growth, and continued expansion

Dallas, TX  (RestaurantNews.com)  Twin Peaks Restaurant today announced that Summit Acquisitions, LLC, has assumed a strategic advisory role on behalf of the brand’s bondholders. Formed by some of Twin Peaks’ most tenured and successful franchise operators, Summit will oversee the brand’s operations and growth strategy as it works toward completing a full acquisition of Twin Peaks over the next 12 to 16 months.

Twin Peaks will no longer be associated with FAT Brands and will return to its previous status as a privately held company operating as Summit Twin Hospitality I, LLC.

Summit Acquisitions is composed of franchise operators who have built and scaled Twin Peaks lodges across the U.S. and internationally, including 3B Lodge, JEB Food Group, and Operadora 2 Montes – Mexico. Their firsthand knowledge of the brand, including its operations, guests, and franchise system, uniquely positions Summit to guide Twin Peaks through this important transition and into its next phase of disciplined, sustainable growth.

Twin Peaks lodges nationwide will continue operating as normal. The brand’s existing corporate leadership team, including President and Chief Operating Officer Roger Gondek and Chief Marketing Officer Melissa Fry, remains fully in place. No staffing reductions are planned; the organization expects to add team members as it continues its growth momentum via new lodge openings and franchise expansion. The transition also reflects a deepened commitment to alignment across the Twin Peaks system, with corporate and franchise partners working more cohesively than ever toward shared goals.

“This transition gives our team the foundation we’ve needed to execute on the vision we’ve always had for this brand,” said Gondek. “We have a strong system, exceptional operators, and enviable guest loyalty, and now we have the financial footing to match. The best days for Twin Peaks are ahead.”

The announcement comes at a moment of significant momentum for Twin Peaks. The brand’s scratch-made kitchen, 29° draft beer program, and signature sports viewing experience continue to drive strong guest engagement, with ongoing menu innovation and an expanding cocktail and beverage portfolio reinforcing Twin Peaks’ position as the ultimate sports lodge. Major sports programming, including the 2026 FIFA World Cup, NFL, NBA, and NHL playoffs, UFC, and boxing, keep Twin Peaks at the center of fans’ biggest watch-party moments throughout the year.

Twin Peaks enters this new chapter with more than 110 locations and a growing development pipeline. The brand recently opened a new lodge in Omaha, signed an area development agreement with New London Hospitality to expand into Connecticut, and executed an agreement with InnJoy Hospitality to bring Twin Peaks to several South Texas cities, including Brownsville, South Padre Island and Laredo. Its newest lodge is set to debut in Kissimmee, Florida on June 29.

Additional details regarding the transition timeline and ownership structure will be shared as they become available. Twin Peaks lodges are open and operating as usual across all locations.

About Twin Peaks

Founded in 2005 in the Dallas suburb of Lewisville, Twin Peaks operates more than 110 locations in the U.S. and Mexico. Known as the ultimate sports lodge, Twin Peaks delivers a one-of-a-kind experience with made-from-scratch food, the coldest 29° beer in the game, and wall-to-wall TVs showcasing every major sporting event. From the moment guests walk in, they’re welcomed by friendly Twin Peaks Girls and a lively atmosphere built for sports fans. The menu features scratch-made favorites including smashed, seared-to-order burgers, in-house smoked brisket, and signature wings, alongside a full cocktail and beverage program. For more information, visit TwinPeaksRestaurant.com.

About Summit Acquisitions, LLC

Summit Acquisitions, LLC is a strategic advisory group formed by some of Twin Peaks’ most experienced franchise operators, including 3B Lodge, JEB Food Group, and Operadora 2 Montes – Mexico. Acting on behalf of the brand’s bondholders, Summit oversees Twin Peaks’ operations and growth strategy as the brand transitions to private ownership under Summit Twin Hospitality I, LLC.

Contact:
Betsy DeMik
Champion
972-930-9933
bdemik@championmgt.com

• More from Twin Peaks