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The move is aimed to expand the diner-themed concept.
Sentinel Capital sold the family-dining chain to the private-equity titan's family office investor.
He'll be succeeded by Blaine Hurst, but will remain involved with the chain while simultaneously serving in a strategic role for owner JAB Holdings.
With their $2.9 billion merger closed, the two brands created Inspire Brands as a growth vehicle.
The U.S. chains were the latest acquisitions by a Canadian concern with more than four dozen QSR brands.
The week's big announcements, from completion of the Arby's-BWW merger to the newest wrinkles in Chipotle's turnaround plan, sometimes overshadowed small revelations with big implications. Here are a few of those tidbits you likely missed.
The agreement is intended to grow Burger King’s presence in the United Kingdom.
Le Duff America sells off other concepts as it plans to expand its parent company's legacy concept in the States.
The private-equity firm often doesn't follow its own guidelines for making acquisitions. Its latest conquest is a case in point.
The company found a better deal by going private, says RB's The Bottom Line. Could others follow?
These emerging chains are the growth vehicles to watch—the ones poised to be major industry players in the coming years.
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
Ideas from the field you may want to borrow