acquisitions

Buyers Edge buys restaurant accounting company RASI

By Joe Guszkowski on Dec. 08, 2022

It’s the data firm’s 12th acquisition since 2016 and adds another service to its group of procurement and data products.

Financing

MTY Food Group completes its acquisition of Wetzel’s Pretzels

By Jonathan Maze on Dec. 08, 2022

The $207 million deal is the latest in a string of acquisitions by the Canadian owner of Pinkberry and Papa Murphy’s, giving the company a major U.S. presence.

Financing

Bertucci’s declares bankruptcy for a second time

By Jonathan Maze on Dec. 06, 2022

The brick oven pizza chain, which also sought debt protection in 2018, blamed the pandemic and inflation for its problems.

Financing

Applebee’s owner to acquire Fuzzy’s Taco Shop for $80M

By Jonathan Maze on Dec. 05, 2022

Dine Brands Global, which also operates IHOP, will get its long-desired growth concept in the 138-unit fast-casual brand.

Financing

Dine Brands believes Fuzzy’s ‘bad-ass’ vibe can work nationwide

By Joe Guszkowski on Dec. 05, 2022

The parent of Applebee’s and IHOP wants to supercharge the concept’s growth without changing what has worked so far at the 138-unit taco chain.

Premium

Financing

Jack in the Box’s Del Taco deal was more expensive than it seems

By Jonathan Maze on Nov. 29, 2022

The Bottom Line: Executives argued that “synergies” made the deal more palatable. But it’s taking a while for those cost savings to take hold. Investors have responded accordingly.

Financing