Benihana

Financing

Benihana deal makes The One Group one to watch in full-service dining

Acquiring the 86-unit teppanyaki chain will make the owner of STK and Kona Grill a $1 billion company. And it's just the beginning of an ambitious long-term growth plan.

Financing

In the Benihana deal, a sign of the restaurant M&A times

The Bottom Line: The venerable Japanese steakhouse chain fetched a modest multiple in its sale to The One Group. But that’s where values have fallen these days.

The deal for Safflower Holdings, which also includes the RA Sushi brand, will nearly triple One’s footprint to 168 locations worldwide.

Restaurant Rewind: Calling the wrestler-turned-playboy a free spirit is like saying Michael Jordan could shoot.

The Bottom Line: Benihana is apparently on the market, according to reports, helping to signal that the market for restaurants is improving.

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A Japanese steakhouse known for its exhibition-style cooking

The longtime Morton's exec will oversee the company's three Japanese brands.

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