Rice Equity Group Accelerates Captain D's® Growth with Acquisition of Six Additional Restaurants Across Louisiana, Mississippi, Alabama, and Florida

WASHINGTON, D.C. — Rice Equity Group today announced the acquisition of six additional Captain D’s Seafood® restaurants located throughout Louisiana, Mississippi, Alabama, and Pensacola, Florida, further expanding the company’s presence across the Gulf Coast and reinforcing its position as one of the fastest-growing multi-unit operators within the Captain D’s system.

The acquisition represents another significant milestone in Rice Equity Group’s strategic growth plan, strengthening the company’s regional footprint while creating new opportunities to invest in employees, improve restaurant operations, and deliver exceptional guest experiences throughout the Southeast.

“Today’s announcement is another important step in executing our long-term vision for Rice Equity Group,” said TJ Rice, Chief Executive Officer of Rice Equity Group. “We’re excited to expand our Captain D’s footprint throughout the Gulf Coast by welcoming six additional restaurants into our portfolio. These markets represent outstanding opportunities for growth, and we’re committed to investing in our people, our operations, and the communities we now have the privilege to serve.”

The newly acquired restaurants will receive operational support from Rice Equity Group’s leadership team, with an emphasis on strengthening restaurant performance, developing future leaders, and maintaining the exceptional quality and hospitality guests have come to expect from the Captain D’s brand.

“Our philosophy has never been to simply acquire restaurants,” Rice added. “We acquire great businesses and then invest in the people who make them successful every day. We are committed to creating opportunities for our employees to build meaningful careers while ensuring every guest receives outstanding food, genuine hospitality, and a consistently exceptional dining experience.”