Craveable Brands

Craveable Brands Ltd (formerly known as Quick Service Restaurant Holdings) is an Australian fast food restaurant holding company. It owns the franchise chains Red Rooster, Oporto, Chicken Treat and Chargrill Charlie’s brands with 620 restaurants throughout Australasia and Southeast Asia. The company has been a subsidiary of Hong Kong–based private equity firm PAG Asia Capital since July 2019.

Craveable Brands Ltd

Formerly	Quick Service Restaurant Holdings (2007–2017)
Company type	Subsidiary
Industry	Fast food restaurants
Predecessor	Australian Fast Foods
Founded	2007
Headquarters	Sydney, New South Wales , Australia
Number of locations	580
Area served	Australasia Southeast Asia
Key people	Karen Bozic (CEO)
Revenue	A$800 million (2018)[1]
Number of employees	12,500
Parent	Quadrant Private Equity (2007–2011) Archer Capital (2011–2019) PAG Asia Capital (2019–present)
Subsidiaries	Red Rooster Oporto Chicken Treat Chargrill Charlie’s
Website	craveablebrands.com

History

Craveable Brands was founded in 2007 as Quick Service Restaurant Holdings (QSR) from the management buyout of Australian Fast Foods (AFF).^[2] The A$180 million deal was in partnership with Quadrant Private Equity, AFF's managing director Frank Romano, and other management members.

In July 2007, QSR acquired the Oporto chain of restaurants for A$60 million.^[3]

In June 2011, Archer Capital acquired QSR from Quadrant Private Equity for an estimated A$450 million.^[4]

In May 2017 the company was renamed from Quick Service Restaurant Holdings to Craveable Brands Ltd. in advance of a proposed stock market flotation.^[5] In July 2019, parent company Archer Capital sold Craveable Brands to PAG Asia Capital for an estimated A$450–500 million.^[6][7]

In May 2023, Craveable Brands acquired the Chargrill Charlie’s chain.^[8]