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Olo gets an $18 million investment

 By Jonathan Maze on Jan. 09, 2019

Funds from Tiger Global Management follows a $40 million round in 2016.

Financing

Gatti’s Pizza, Gigi’s Cupcakes file for bankruptcy protection

 By Jonathan Maze on Jan. 08, 2019

The company cites a heavy debt load and legal liabilities and is closing “several” locations.

Financing

Technomic: Chain restaurants still have traffic problems

By Jonathan Maze on Jan. 04, 2019

Traffic fell 5.4% in November as the industry continued losing customers.

Financing

Del Frisco’s is reviewing a potential sale

By Jonathan Maze on Dec. 20, 2018

The company, facing activist pressure, said it is considering strategic alternatives.

Financing

Macaroni Grill looks for its next acquisition

By Jonathan Maze on Dec. 19, 2018

The latest multiunit chain operator is integrating its newest concept in Sullivan’s, but wants more.

Financing

Activist restaurant investors are bullies in better suits

By Peter Romeo on Dec. 14, 2018

Some say they light a fire under management. Others just see brands going up in flames.

Financing

Jollibee takes full control of Smashburger, with eyes for more

By Jonathan Maze on Dec. 14, 2018

The Philippines-based operator named Jose Minana the chain’s president.

Financing

Applebee’s buys 69 franchised stores, resolves dispute with RMH

By Peter Romeo on Dec. 14, 2018

Lawsuits have been dropped as part of a settlement with one of its largest operators, RMH.

Financing

Scotty’s Brewhouse files for bankruptcy

By Jonathan Maze on Dec. 13, 2018

The company plans to close four underperforming locations.

Financing

Breakwater Management invests nearly $20.9M in The Madera Group

By Jonathan Maze on Nov. 28, 2018

The investment will help the company expand Tocaya Organica and Toca Madera.

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