Rice Equity Group Expands Captain D's® Portfolio with Five-Restaurant Acquisition Across Georgia, Louisiana, and Virginia

WASHINGTON, D.C. — Rice Equity Group today announced the acquisition of five Captain D’s Seafood® restaurants located across Savannah, Georgia; Louisiana; and Virginia, marking another significant milestone in the company’s continued expansion as a multi-brand restaurant operator. The acquisition strengthens the company’s presence in the Southeast while reinforcing its long-term strategy of investing in high-quality restaurant brands and exceptional operating teams.

The newly acquired restaurants expand Rice Equity Group’s Captain D’s footprint into multiple strategic markets and further diversify the company’s growing portfolio.

“This acquisition represents another exciting chapter in the continued growth of Rice Equity Group,” said TJ Rice, Chief Executive Officer of Rice Equity Group. “Captain D’s is an outstanding brand with a loyal customer base, and we’re excited to expand our presence across Georgia, Louisiana, and Virginia. As we continue growing, our focus remains the same—investing in great people, operating exceptional restaurants, and delivering an outstanding experience for every guest.”

The newly acquired restaurants will be integrated into Rice Equity Group’s operating platform, with leadership teams focused on strengthening restaurant performance, enhancing employee development, and maintaining the high standards of hospitality and operational excellence that define the Captain D’s brand.

“Our greatest investment will always be in our people,” Rice added. “We are excited to welcome our newest employees into the Rice Equity Group family and are committed to providing them with opportunities for professional growth, leadership development, and long-term career success.”