Mama Fu’s Asian House, an Atlanta-based, fast-casual chain with 17 locations, garnered a new corporate parent when Murphy Adams Restaurant Group, a Mama Fu’s franchisee in Austin, Texas, purchased the brand last month for an undisclosed sum. The deal was funded with private capital from about 20 investors who also provided cash to fuel the expansion of the Pan-Asian concept. Mama Fu’s was a subsidiary of Atlanta-based Raving Brands Inc. and was founded in 2003. It posted ...

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