Foodies with a burning passion for seafood might turn to this company. Formerly JCS Holdings, Ignite Restaurant Group (Public - NASDAQ:IRG) operates Joe's Crab Shack, a leading casual dining chain with more than 110 locations in Texas, California, Florida, and about 25 other states.
The eateries feature a wide variety of grilled, fried, and stuffed seafood, along with sandwiches and sides. The seafood chain is known for its fun and quirky surf-inspired atmosphere where the servers are often part of the entertainment.
In addition to its flagship restaurant brand, Ignite operates a small number of Brick House Tavern + Tap locations. The company is backed by private equity group J. H. Whitney Capital Partners.
June 2017 - HOUSTON--(BUSINESS WIRE)--Ignite Restaurant Group, owner of the Joe’s Crab Shack and Brick House Tavern + Tap brands, announced that it has entered into an agreement with an affiliate of Kelly Companies, a San Diego based private equity firm, pursuant to which it would sell both of its brands for a cash bid offer.