Sponsored By

Former Hooters executives to buy Twin PeaksFormer Hooters executives to buy Twin Peaks

La Cima Restaurants, founded by former Hooters executives, to take majority stake in casual-dining chain

Jonathan Maze, Senior Financial Editor

October 10, 2016

3 Min Read
Nation's Restaurant News logo in a gray background | Nation's Restaurant News

La Cima Restaurants LLC, the Twin Peaks franchisee founded by former executives of the rival Hooters chain, has agreed to acquire a majority interest in the Dallas-based franchisor, the company said Monday.

Terms of the deal, which has yet to close, have not been disclosed, but following a transition, La Cima chief operating officer Joe Hummel will take over as Twin Peaks CEO, replacing Starlette Johnson. 

“I am proud of what we’ve been able to accomplish over the past several months, and am confident that the future of Twin Peaks is bright,” Johnson said in a statement. “Joe understands what has made Twin Peaks so successful, and is the right guy to lead the next chapter of our growth.”

Randy DeWitt, Twin Peaks founder, will retain his rol...

Create a free account or login

This content is available for registered users

Already have an account?

About the Author

Jonathan Maze

Senior Financial Editor, Nation's Restaurant News

Jonathan Maze covers finance for Nations Restaurant News, as well as restaurant chains based in the Midwest.

Jonathan came to NRN in 2014 after seven years covering restaurants for Franchise Times Magazine and the Restaurant Finance Monitor. There, he created an award-winning blog that reported on and analyzed the restaurant industry. He is routinely quoted in various mainstream press articles, including the Associated Press, Washington Post, Orlando Sentinel, Denver Post and Yahoo! Finance. He lives in a suburb of Minneapolis with his wife, two children and their cat.

Reach Jonathan at [email protected], or by phone at 651 633-6526.

Subscribe Nation's Restaurant News Newsletters
Get the latest breaking news in the industry, analysis, research, recipes, consumer trends, the latest products and more.