REPORTS
Pyxis PE Investment Landscape Report: Limited Service Restaurants
Historical Deal Performance Meets Real-Time Consumer Behavior
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Quick-service and fast casual may fuel lunchtime crowds, but it’s also fueled billions in private equity investments over the last few decades. With 300+ deals representing over $70B in the last 25 years, the restaurant sector has long been an attractive focus area for PE investors.

In this report, we pair historical precedent with Pyxis’ real-time consumer analytics to explore how behavioral data can deliver a powerful investment advantage when embedded throughout the deal lifecycle.

Drawing on credit card data, we highlight:

  • Growth in limited service restaurants (LSRs) from 2022 – 2025 Q3 YTD
  • Key revenue drivers, including average order value and frequency
  • Demographic insights segmented by age band

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