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acquisitions

Financing

Centre Partners buys Captain D’s again

The private-equity firm, which sold the seafood chain in 2017, has acquired the brand again. Management has also invested in the company.

Financing

McDonald’s has a deal to sell its Russia restaurants to a licensee

Alexander Govor will acquire the company’s entire portfolio, McDonald's said. He has been an operator with the chain in Siberia since 2015.

In a significant reversal of its pandemic struggles, the owner of 17 full-service restaurants and an equal number of quick-service ones said it had a great quarter and is looking at adding another concept to its fold.

Executive Decisions Group will look to help the chain return to growth after it emerged from bankruptcy earlier this year.

WOWorks, the collector of better-for-you fast-casual chains, now operates six brands and plans to have more than 400 locations by the end of the year.

The company has a new CEO in Kelli Valade and a new brand in Keke’s that it’s betting will help it accelerate growth for years to come.

Restaurant Rewind: The burger giants once swelled their portfolios to include everything from pasta concepts to burrito chains. Here's why they ultimately pared back down to burgers.

Larry Johnston is now a partner in the franchisor with Greg George, who was announced as CEO of the 10-unit dessert chain last week, the company announced.

Kelly Roddy, CEO of the multi-concept operator, said the deal would be announced in the next couple of weeks, and that both of the purchases would be better-for-you brands.

The sixth fund from the firm, an investor and lender to restaurants, was oversubscribed by $200 million.

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