NEW YORK Goldman Sachs Group, the publicly traded investment giant whose revenues grew 60 percent in 2006 to $69.35 billion, said its Urban Investment Group will team with former Quiznos Canada president and Popeyes COO James E. Boyd Jr. to “identify and assess potential acquisition opportunities” in the fast-casual and quick-service sectors.
Targets would include “sizable concepts” able to grow through franchising and company development. The Urban Investment arm deploys capital in ethnic minority-owned or -targeted businesses and urban real estate. Goldman Sachs also owns the private-equity firm GS Capital Partners and the British hotel chain Queens Moat Houses.
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