Atlanta-based Church's Chicken has been sold to a California firm.

Arcapita Bank B.S.C., a Bahrain-based investment bank with an office in Atlanta, has agreed to sell the quick-service chicken chain to Friedman, Fleischer & Lowe, a San Francisco-based private equity firm.

Terms of the deal were not disclosed, but it is expected to close in 30 days. News agencies have reported that Church's headquarters will remain in Atlanta. 

Arcapita bought Church's in 2004 from AFC Enterprises, which owns the Popeye's chicken concept.

During the last four and half years under a management team brought in by Arcapita, the company reached the $1 billion global system-wide sales milestone and embarked on an aggressive expansion into new international markets. 

Now, the chain has 1,600 stores worldwide in the U.S., Latin America, the Middle East, Russia, the U.K. and India. 

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