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The Memphis-based company bought locations in Alabama and Florida.
With sales improving a year after bankruptcy, the company is looking to add another concept.
An analyst suggests the company could buy upscale chain North Italia from Fox Restaurant Group, says RB’s The Bottom Line.
Polar Star Capital Partners, a newly formed investment firm, has acquired 126-unit Meridian Restaurants Unlimited.
Arc Group will acquire the struggling breastaurant chain in a complex deal.
The 58-unit casual Italian chain becomes a sister concept of Planet Hollywood, Buca di Beppo and Earl of Sandwich.
Weak sales and poor stock performance are conspiring to create another dry spell for restaurant IPOs, says RB’s The Bottom Line.
The two casual Italian brands will be the nucleus for a new company run by the former Olive Garden chief, with financial backing from Brazil-based GP Investments.
The sale adds to JAB Holding Co.’s growing collection of coffee chains.
Del Frisco’s acquisition of Barteca shows Wall Street’s willingness to accept more strategic deals, says RB’s The Bottom Line.
Up-and-coming restaurant chains and what’s propelling their growth
Food trends and recipes to keep menus fresh
New restaurants and soon-to-open concepts worth monitoring
RB’s exclusive ranking of the highest-grossing independent restaurants
Peter Romeo highlights the moments restaurateurs miss at their own peril
These 50 ideas go beyond what’s “cool” to deliver smart, trend-forward solutions that might just serve as an inspiration for others.