Wing Concepts Take Flight Together

American Restaurant Concepts buys a 50 percent stake in Wing Nutz.

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American Restaurant Concepts, operator and franchisor of Dick's Wings & Grill restaurants, has acquired a 50 percent interest in Paradise on Wings Franchise Group, owner and franchisor of Wing Nutz, a chicken wing-themed restaurant chain.

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In a separate but related transaction, Blue Victory Holdings, a Louisiana-based private equity firm, acquired a 50 percent ownership interest in Wing Nutz Development, LLC, which holds the operating assets and liabilities associated with running the Wing Nutz franchisees.

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Based in Salt Lake City, Wing Nutz has 11 locations, including 10 in Utah and 1 in Idaho. The company plans to open a pair of other locations, including one each in Las Vegas and Utah. In addition to a menu of baked wings, sandwiches and other items, Wing Nutz has its own proprietary line of craft beers it markets under the name Nut Job Beers.

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