Simpson Thacher represented Sixth Street Partners in connection with its investment, together with Brentwood Associates, in Far West Services, a franchisee of Wingstop restaurants. Far West Services was founded in 2003 and currently operates over 100 Wingstop restaurant locations across California, Nevada, Washington, Colorado and Utah. Financial terms of the transaction were not announced.
Sixth Street is a leading global investment firm with over $70 billion in assets under management and committed capital. Sixth Street uses its long-term flexible capital, data-enabled capabilities and One Team culture to develop themes and offer solutions to companies across all stages of growth. The firm has more than 500 team members including more than 200 investment professionals operating around the world.
The Simpson Thacher team included Katherine Krause, Daniel Westen and Carla Luna (M&A); Jennifer Hobbs and Taylor Nefussy (Credit); Russell Light, Sophie Staples and Caroline Phillips (Tax); Andrew Blau, Laura Gallo and Guanxiong Xu (Executive Compensation and Employee Benefits); Preston Miller and Allison Davido (Antitrust); and Steven DeLott (Insurance).