Wingstop is owned primarily by Roark Capital Group, a private equity firm that acquired the company in 2010. The fast-casual chicken wing chain was founded by Antonio Swad and Bernadette Fiaschetti in 1994 and was owned by Gemini Investors before being sold to Roark Capital Group. Wingstop went public in 2015, making it a publicly traded company with shares held by institutional investors and the public, but Roark Capital Group remains a major owner and influencer.
Additionally, rapper Rick Ross owns nearly 30 Wingstop franchise locations but does not own the overall company.
In summary:
- Wingstop Inc. is publicly traded and owned by a combination of shareholders.
- Roark Capital Group is the primary controlling entity since 2010.
- The chain was originally founded by Antonio Swad and Bernadette Fiaschetti.
- Rick Ross owns multiple Wingstop franchises but not the company itself.