### Roti Restaurant Chain Acquired by Edible Arrangements Founder
A private-equity firm launched by Tariq Farid, the founder of Edible Arrangements, has acquired the Chicago-based fast-casual chain Roti Modern Mediterranean out of bankruptcy.
Atlanta-based BroadPeak Capital, an investment firm founded by Farid and Aseem Khatri, purchased Roti through a series of three separate deals totaling nearly $4.7 million. The acquisition includes the Roti brand and 17 locations across the country—10 in Illinois, four in the Washington, D.C., area, and three in Minneapolis.
Roti Modern Mediterranean filed for Chapter 11 bankruptcy protection in August 2024. Commenting on the deal, Aseem Khatri, Partner and Chief Investment Officer of BroadPeak Capital, stated, “With decades of experience as investors and operators, and access to substantial permanent capital, we bring the expertise and flexibility necessary to invest in vision and build enduring businesses. We are actively seeking opportunities to further scale the Edible Brands platform and are truly excited to partner with the Roti team moving forward.”
