acquisitions

Longtime franchisee purchases Snappy Tomato Pizza

By Heather Lalley on Jul. 12, 2022

Tim Gayhart bought the 44-unit pizza concept for an undisclosed amount from The Deters Company. He’s been a franchisee since 1991.

Financing

Dave & Buster’s might convert some units to Main Event

By Heather Lalley on Jul. 12, 2022

The food-and-games chain said it has four locations that are “big and unwieldy” and might make more sense as units of its recently acquired eatertainment brand.

Leadership

Dave & Buster’s shakes up its C-suite

By Heather Lalley on Jul. 11, 2022

Fresh off its acquisition of food-and-games chain Main Event, the eatertainment chain has filled eight executive posts. All came from one of the two brands.

Technology

Toast acquires employee scheduling app Sling

By Joe Guszkowski on Jul. 07, 2022

The new tool beefs up Toast’s team management suite as restaurants continue to face a difficult labor picture.

Financing

Slapfish has a new owner in Mac Haik Enterprises

By Heather Lalley on Jul. 05, 2022

Once a “significant investor” in the fast-casual seafood chain, the company purchased the brand from founder Andrew Gruel, who will turn his attention to several new concepts.

Financing

Panera Brands and Danny Meyer’s SPAC call their deal off

By Jonathan Maze on Jul. 01, 2022

The operator of Panera Bread, which had planned to go public with an investment in USHG Acquisition Corp., cited “deteriorating capital market conditions” in ending their agreement.

Financing

Dave & Buster’s completes its Main Event acquisition

By Heather Lalley on Jun. 29, 2022

With the close of the $835 million deal, first announced in April, Main Event CEO Chris Morris will lead the two food-and-games chains.

Premium

Financing

The market cools off for restaurant acquisitions

By Jonathan Maze on Jun. 24, 2022

The Bottom Line: Inflation concerns and margin pressures haven’t just hurt stocks. The market for restaurant deals has slowed to a crawl as sellers wait until things improve.

Operations