Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 38
Leadership

Dog Haus names Michael Montagano CEO

The former Kitchen United chief executive will become the first CEO in in the Pasadena, Calif.-based chain’s history.

Financing

Roark Capital solidifies its status as the go-to fast-food buyer

The Bottom Line: The 22-year-old private equity firm has been involved in many of the industry’s biggest deals, especially in recent years. And Subway isn’t even the biggest.

The Bottom Line: The lengthy sale process and the apparent deal terms in Roark Capital’s winning bid reveal just how difficult a turnaround the sandwich giant is.

The private equity firm, which owns Inspire Brands and Focus Brands among other restaurant companies, won an eight-month auction for the sandwich giant.

The Bottom Line: Veggie Grill, O’Charley’s, Burger King, Boston Market, Steak n Shake and others have been closing doors this year as they work through various challenges.

The sandwich giant finished last in an analysis of fast-food chains’ online reputation. At the top: Chick-fil-A.

A Deeper Dive: RB Editor-at-Large Peter Romeo joins me on the podcast to talk about some of the more colorful events in the restaurant industry’s history.

Subway appears to be on the verge of completing the third-largest chain acquisition by value in history. Here are a look at the 10 biggest, at least until that one is complete.

The chicken chain drew long lines to its opening in Shanghai over the weekend as it works to take on behemoth KFC in the massive market.

The Bottom Line: Roark Capital reportedly has the inside track at buying Subway. But it also owns Jimmy John’s. Can the two chains coexist under the same owner?

Roark Capital is reportedly close to a $9.6 billion acquisition, though a source said that the process remains “very competitive and fluid.”

The Bottom Line: The activist investor, who shook up Darden and helped get Papa Johns back on its feet, may be just what the doctor ordered for one of the most overlooked restaurant companies on Wall Street.

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