TWNP News & Events

Twin Hospitality Group announced the appointment of Andy Wiederhorn as CEO, following the termination of CEO Kim Boerema. Additionally, Roger Gondek, currently COO of Twin Peaks Restaurant, will also assume the role of President of Twin Peaks Restaurant while continuing in his COO responsibilities. Wiederhorn, who was integral in spinning out Twin Peaks and Smokey Bones into Twin Hospitality Group Inc., has served as Chairman of the Board since August 2025.

Twin Peaks is returning to Omaha with a new location set to open at 313 N 179th Street in Village Pointe. Backed by Twin Hospitality Group, parent company of Twin Peaks Restaurant, the expansion reflects the brand's continued investment in key Midwest markets.

Twin Hospitality Group has signed a new area development agreement to bring its signature Twin Peaks sports lodge experience to Connecticut. The agreement marks Twin Peaks' debut in the state and includes development rights for three future lodges across key markets, including New Haven, Hartford, Danbury, Stamford/Bridgeport, and Waterbury. The new lodges will be developed by New London Hospitality, led by business partners Deepak Verma and Kam Singh, both seasoned entrepreneurs with extensive experience in the hospitality space and multi-unit operations.

Noble Capital analyst Joe Gomes downgraded Twin Hospitality (TWNP) to Market Perform from Outperform after Twin and parent company FAT Brands (FAT) disclosed on November 17 that they received notices of acceleration from UMB with respect to Securitization Notes. While the firm views the issue to be capital structure related, and not related to operating performance, it is unclear how the debt acceleration impacts the conversions of Smokey Bones locations into company-owned Twin Peaks and the firm expects the recently announced proposed acquisition of eight franchisee locations to be on hold.