Who Owns Five Guys?
Updated onExplore the ownership hierarchy of Five Guys. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Five Guys
Five Guys is a privately held American fast-casual restaurant chain specializing in made-to-order burgers, fries, and milkshakes with locations worldwide.
Five Guys appears to be independent with no known parent company.
Five Guys
Five Guys is a privately held American fast-casual restaurant chain specializing in made-to-order burgers, fries, and milkshakes with locations worldwide.
Five Guys appears to be independent with no known parent company.
Major Shareholders
Five Guys
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Murrell family (Jerry & Janie Murrell and their five sons) Widely reported that the founding Murrell family collectively owns about 75% of Five Guys; this breakdown comes from a 2012 Forbes profile, echoed in later summaries, and the company is still described as family-controlled with no public evidence of a change in majority control. | Family | 75.0% | Jul 2012 |
Miller Investment Management, LP Private equity firm based in Pennsylvania; Forbes reported that “Miller Investments” owned about 20% of Five Guys, and Miller Investment Management still lists Five Guys Burgers & Fries / Five Guys Holdings as an active portfolio company, while M&A databases describe Five Guys as PE‑backed by Miller. | Institutional | 20.0% | Jul 2012 |
Other minority individual investors (friends of Jerry Murrell) Forbes reported that a small group of Jerry Murrell’s school friends collectively own the remaining roughly 5% of the company; individual names and exact stakes have not been publicly disclosed. | Other | 5.0% | Jul 2012 |
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