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acquisitions

Financing

Vegan chain By Chloe declares bankruptcy

The fast casual, once a rising star of emerging concepts, blamed the pandemic for its troubles and is seeking a buyer.

Financing

Johnny Rockets owner Fat Brands merges with its CEO’s investment fund

The deal will enable the restaurant chain collector to raise more capital and make more acquisitions.

The burger franchise is going to mediation in a dispute with its largest franchisee over a proposed bankruptcy sale to Flynn Restaurant Group.

The owner of chains like Morton’s and Del Frisco’s told CNBC that he may take his restaurants public again, citing a favorable market, says RB’s The Bottom Line.

The private equity group is reportedly selling its remaining restaurant chains. RB’s The Bottom Line examines its track record.

The private equity firm also owns Fuzzy’s Taco Shop and Frisch’s Big Boy and the host kitchen provider Franklin Junction.

Flynn Restaurant Group has an $816 million agreement to buy the big Pizza Hut and Wendy’s franchisee out of bankruptcy.

The Italian coffee brand said the private equity firm will be able to help its international expansion.

Cofounder and CEO Zach McLeroy details the investment in this week’s episode of the RB podcast “A Deeper Dive.”

The auction will run through Jan. 14.

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