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BFIIW supplier relationships

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BFIIW supplier relationship map

BFIIW Supplier Map: Who BurgerFi Is Working With — Implications for Investors

BurgerFi International LLC operates as a fast-casual restaurant franchisor and operator, generating revenue from company-owned restaurant sales, franchise fees and royalties, and ancillary revenue tied to concessions and delivery channels; recent filings and press show the company is undergoing a formal restructuring while keeping core operations and delivery partnerships live. Investors should evaluate counterparty exposure across construction, delivery, capital providers, restructuring advisors, and consumer-brand partners to assess recovery scenarios and operating continuity. For a rapid supplier-risk scan and live relationship feeds, visit NullExposure.

Quick investor takeaways you can act on today

  • Restructuring is central to the current risk profile. BurgerFi has engaged restructuring advisors and a claims agent and received debtor-era financing that supports operations through court-supervised processes.
  • Delivery and kitchen partners preserve sales channels. Relationships with Uber Eats, DoorDash, Postmates, Reef and third‑party kitchen operators limit immediate demand-side disruption.
  • Brand and supplier pilots continue. Trials with Kraft Heinz for the HEINZ REMIX machine suggest the company is prioritizing small-batch operating improvements in company-owned units.
    These points inform counterparty credit checks, recovery prioritization, and operational diligence. Learn more about supplier exposure and watchlists at NullExposure.

Supplier and advisor roster — what filings and press reports show

Below is a concise, plain-English summary of every relationship captured in the public record for BFIIW. Each entry includes the reporting source and the relevant period.

  • Auld & White Constructors LLC — A municipal permit records that Auld & White was contracted to renovate a 1,451 sq. ft. concession space for BurgerFi at Jacksonville International Airport for roughly $800,000, indicating active capital spend on location upgrades (Jax Daily Record, Mar 2022).
  • Stretto, Inc. — The company has routed claims and restructuring notices through a third‑party claims portal administered by Stretto, confirming Stretto’s role as the official claims agent in the court-supervised process (bluebookservices.com, FY2024).
  • Heinz (KHC) — A BurgerFi Florida unit tested Heinz’s remix machine that customizes sauces; management announced plans to expand the trial to additional Florida locations based on pilot results (Restaurant Business Online, FY2026).
  • Force Ten Partners — Identified as a proposed advisor in restructuring filings with a named chief restructuring officer, Force Ten Partners is positioned to lead operational recovery and turnaround work under court supervision (bluebookservices.com, FY2024).
  • Raines Feldman Littrell LLP — Listed among proposed legal and restructuring advisors in the Chapter 11 materials, indicating outside counsel engagement for debtor representation (bluebookservices.com, FY2024).
  • Sitrick And Company — Named as the company’s proposed strategic communications advisor in restructuring notices, implying a coordinated PR and stakeholder messaging plan during the Chapter 11 process (bluebookservices.com, FY2024).
  • Kraft Heinz (KHC) — BurgerFi announced a commercial trial of the HEINZ REMIX machine across company‑owned South Florida locations, evidencing ongoing retail partnerships to enhance in‑store offerings (FoodChain Magazine, FY2026).
  • TREW Capital Management — Public reporting indicates TREW acquired debt related to BurgerFi and provided funding that supported the company during recent liquidity stress, establishing TREW as a notable creditor and source of debtor-in-possession liquidity (Restaurant Business Online, FY2024).
  • EarlyBirdCapital, Inc. — EarlyBirdCapital served as exclusive financial and capital markets advisor to the SPAC counterparty (OPES) during the business combination that took BurgerFi public, reflecting historical capital markets engagement (GlobeNewswire, Dec 2020).
  • Loeb & Loeb LLP — Cited as legal counsel to OPES in the business combination that led to BurgerFi’s public listing, indicating prior transaction counsel relationships (GlobeNewswire, Dec 2020).
  • Shumaker, Loop & Kendrick LLP — Identified as legal counsel to BurgerFi International in corporate filings and press materials, reflecting retained counsel for corporate matters (GlobeNewswire, Dec 2020).
  • Epic Kitchens — BurgerFi leveraged partners like Epic Kitchens to expand delivery-focused footprints quickly with limited upfront capex, illustrating a light-asset expansion strategy into new markets (GlobeNewswire, Jul 2021).
  • Reef Kitchens — Reef Kitchens partnered with BurgerFi to open 15–20 additional units during a growth phase, demonstrating use of ghost‑kitchen or hub strategies to scale without full-store investment (GlobeNewswire, Jul 2021).
  • Howard Company — Management credited the Howard Company with operational assistance on drive‑through execution, highlighting third‑party consultants used to standardize new service formats (Mashed interview, FY2021).
  • Trew Capital Management Private Credit 2 LLC — Prior reporting notes a $2.5 million funding tranche provided by this vehicle to BurgerFi shortly before bankruptcy filings, indicating active private credit support (Nation’s Restaurant News, FY2024).
  • Ink Link Marketing — Ink Link served as a media relations contact in corporate press releases, showing retained agency support for routine PR and media engagement (RestaurantNews, May 2023).
  • ICR (ICRP) — Identified as the firm handling investor relations contact details in a management announcement, denoting an external IR engagement to manage investor communications (RestaurantNews, May 2023).
  • Gateway Investor Relations (FY2021) — Gateway appears as the investor relations contact on a mid‑2021 press release, evidencing past IR outsourcing (GlobeNewswire, Jul 2021).
  • Gateway Investor Relations (FY2020) — Gateway also acted as the IR contact during the OPES combination announcement in late 2020, indicating continuity of IR provider across the SPAC transaction (GlobeNewswire, Dec 2020).
  • Quinn PR (FY2021) — Quinn PR is listed as the media relations contact in the 2021 press materials, signaling periodic changes in PR vendors (GlobeNewswire, Jul 2021).
  • Quinn PR (FY2020) — Quinn PR also appeared on earlier corporate announcements around the public combination, reflecting repeated PR vendor usage (GlobeNewswire, Dec 2020).
  • DoorDash (DASH) — DoorDash is identified among digital service providers leveraged to capture delivery traffic during rapid expansion and delivery-focused growth efforts (GlobeNewswire, Jul 2021).
  • Postmates — Postmates is listed with other DSPs as part of the delivery channel strategy used to scale services with limited capex (GlobeNewswire, Jul 2021).
  • Uber Eats (UBER) — Uber Eats is documented as a delivery channel partner used to access demand and expand market coverage via third‑party platforms (GlobeNewswire, Jul 2021).

What the relationship map implies about the business model and operating constraints

Company-level signals from filings and press indicate a mixed operating posture: BurgerFi runs a hybrid model that combines company-owned unit experiments with franchise and third-party kitchen partnerships to minimize upfront spend on expansion. The engagement of restructuring advisors, a claims agent, and incremental private-credit funding are company-wide indicators of financial distress and a prioritized restructuring plan; these are not assigned to any single vendor in this summary. The supplier mix shows:

  • Low capital intensity for near-term expansion through Reef/Epic partnerships and DSP channels, which preserves cash but increases counterparty dependency on platform economics.
  • Concentration risk around capital providers and claims/PR advisors during reorganization; creditors and advisors become critical counterparties for case outcomes.
  • Maturity profile skewed toward short-term operational vendors and advisory relationships rather than long-term strategic suppliers, reflecting a turnaround posture.

Investment implications: where to focus diligence

  • Prioritize exposure mapping to TREW/Trew and any private-credit lenders who control DIP-like liquidity: creditors with financing power will shape recovery value.
  • Monitor the Chapter 11 docket and claims portal administered by Stretto for creditor claims and proposed plan documents.
  • Track retail pilots with Kraft Heinz and the status of delivery partner agreements—continued commercial pilots preserve operating cashflow and brand relevancy.
    For ongoing monitoring and supplier scoring connected to BFIIW, see NullExposure.

Bottom line and recommended next steps

BurgerFi’s supplier footprint reveals a company managing operational continuity amid a court-supervised restructuring: delivery partners and kitchen operators keep sales flowing while advisors and private-credit providers control the liquidity runway. Investors and ops teams should align legal, creditor, and counterparty due diligence with real-time docket monitoring to evaluate recovery scenarios and operational continuity. For a centralized view of supplier exposures and alerts tied to BFIIW, visit NullExposure and subscribe to supplier-watch updates.