Operations

Eyas Capital acquires largest Bojangles franchise group

Photo: Bojangles

September 22, 2025

Eyas Capital, a hospitality management and investment firm, has acquired BOJ of WNC LLC, the largest Bojangles franchise group. BOJ of WNC LLC is led by franchisee Jeff Rigsby. The deal includes a portfolio of 120 locations across six states, according to a press release.

Eyas Capital will expand Bojangles in the Cincinnati and Columbus markets to include more than 40 locations.

"This is truly an opportunity like no other," Timothy Foley, founder, CEO and managing partner of Eyas Capital, said in the press release. "We're adding an iconic brand to our portfolio with a passionate following in Western North Carolina. We're confident our fans will grow to love Bojangles even more as we evolve with the brand. And, the expansion into Central and Southwestern Ohio comes with a huge runway for us to create an entirely new group of fans and immerse them in the dynamic Bojangles legacy."

Working closely alongside Foley to integrate Bojangles into the Eyas Capital portfolio is Partner, President & COO John Kaufman. He brings decades of leadership and operational expertise to the investment as a multi-unit franchisee across several leading brands.

"This milestone reflects the strength of Bojangles and the incredible growth ahead," Jose Armario, CEO of Bojangles, said in the press release. "Tim and John bring both operational expertise and the right passion to drive our brand forward, both in our core North Carolina region and in expansion Ohio markets. Their commitment to operational excellence makes them great partners as we continue expanding the Bojangles footprint."

Bojangles has more than 800 units in 21 states.