acquisitions

Technology

Wonder acquires fast casual Blue Ribbon Fried Chicken

The popular New York City spot is Wonder’s first restaurant acquisition, and there could be more to come as the food hall/delivery company looks to accelerate its growth.

Emerging Brands

A former REIT king's next chapter: saving independent restaurants

Nick Schorsch Sr.'s Heritage Restaurant Group in Newport, Rhode Island, is buying up historic restaurants. His goal is to raise the bar for the resort town's food scene.

The 400-unit family-dining chain had been owned by Golden Gate Capital since 2017. Its new owner is planning long-term growth.

The Bottom Line: Yum Brands bought Habit Burger in 2020 with the intention to grow the brand. The company does not even mention the brand in its earnings calls.

Parent company Restaurant Brands International has sold an 83% stake in Burger King China to CPE for $350 million, more than double what the fast-food operator paid for the business last year.

The sandwich chain has hired advisors who could take the company public as soon as this year, according to Bloomberg. The chain could get a valuation of as much as $12 billion.

Bridg will allow restaurants to identify non-loyalty customers, giving them a fuller view of their audience. It’s the latest in a series of acquisitions by Par.

The Week in Restaurants: This week’s episode of the restaurant news discussion podcast looks at the bankruptcy filing of Sailormen, sales improvement at burger chains and who could go public next.

The Bottom Line: With restaurant company valuations low following a tough 2025, several chains could be ripe targets for a takeout, if buyers are up for some risk.

The Chinese pork producer will be buying the hot dog maker and owner of the Nathan’s Famous chain for $102 per share.

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