AUSTIN, TEXAS – Private equity firm Switchback Capital LLC acquired Smokey Mo’s TX BBQ, a barbecue chain with 16 locations and 21 years of corporate operations.
Smokey Mo’s is preparing to offer franchise opportunities to new operators in the coming months, in addition to a company rebrand and a new modern store design prototype. The acquisition will support the chain’s franchise expansion and rebrand. Smokey Mo’s represents the first formal investment by Austin, Texas-based Switchback Capital.
“There is clear promise for broad, rapid expansion, as well as modernizing our existing Smokey Mo’s locations,” said Todd Caven, principal and co-founder of Switchback Capital. “Giving our guests the best experience possible is a high priority for us. “Our team is enthusiastic about bringing the best neighborhood barbecue in Texas, smoked in-house, to new markets in the near future.”
Smokey Mo’s BBQ offers traditional Texas-style barbecue like ribs, link sausage and brisket which is slow-cooked and smoked in-house for 10 to 14 hours daily.