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acquisitions

Technology

Tech roundup: Consolidation is one answer to restaurants’ tech challenges

 By Joe Guszkowski on Oct. 19, 2021

Companies flush with cash are buying other providers in pursuit of an end-to-end product. Also, ResQ raised $39 million, Uber Eats closed on Drizly and more.

Technology

Popmenu acquires digital order integrator OrderNerd

 By Joe Guszkowski on Oct. 18, 2021

The online ordering provider hopes to offer restaurants an even more holistic system with the new tool.

Financing

Peter Piper Pizza buys 10 restaurants from a franchisee

By Heather Lalley on Oct. 18, 2021

Southwest Pizza had been an operator of the CEC Entertainment-owned brand for nearly 40 years.

Technology

Payments giant Fiserv signs deal to acquire BentoBox

By Heather Lalley on Oct. 18, 2021

The acquisition of the digital marketing and commerce platform will help Fiserv expand its tech offerings for restaurants, the company said.

Financing

Freshii signs $4.6M deal for majority stake in online health-and-wellness retailer

By Heather Lalley on Oct. 14, 2021

Acquiring Canada-based Natura Market will help the fast casual position itself as an “omnichannel” company, it said.

Financing

BurgerFi has big plans for a small-scale Anthony’s Coal Fired concept

By Heather Lalley on Oct. 12, 2021

Executives from the better burger brand, which announced a deal to purchase the casual-dining chain for $161.3 million this week, said they intend to turn a pared-down, fast-casual Anthony’s prototype into a growth vehicle.

Financing

The year (so far) in strategic restaurant acquisitions

By Jonathan Maze on Oct. 11, 2021

Led by multiple deals from Fat Brands and from BBQ Holdings, concept collectors have been busy this year.

Financing

BurgerFi to buy Anthony’s Coal Fired Pizza for $161.3M

By Jonathan Maze on Oct. 11, 2021

Ian Baines will become the CEO of BurgerFi once the deal is closed while the private equity firm L Catterton will become one of its largest shareholders.

Financing

The flurry of IPOs is apparently driving up valuations

By Jonathan Maze on Oct. 11, 2021

The CEO of Papa Murphy’s owner said larger companies are asking for higher prices, but smaller company valuations are “more reasonable,” says RB’s The Bottom Line.

Operations

What will Famous Dave’s parent do with all those brands?

By Joe Guszkowski on Oct. 11, 2021

BBQ Holdings has added five concepts and hundreds of locations since last March—and each one has its purpose, said CEO Jeff Crivello.

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