acquisitions

Financing

Logan's Roadhouse parent completes purchase of J. Alexander's

SPB Hospitality has added the polished-casual concept and its four sister brands to its large portfolio.

Financing

Papa John’s hopes its Texas deal sets the stage for more growth

The company wants to bring in more large-scale operators. But it is also encouraging existing franchisees to open more locations.

The burrito chain continued its strong performance by hitting another 52-week high as restaurant stocks recover from earlier declines.

The breakfast-and-lunch chain plans to sell shares at $17 to $20 and could get a valuation of more than $1 billion.

Fresh Acquisitions, which filed for bankruptcy earlier this year, has a new potential buyer in Serene Investment Management after a judge killed a previous sale.

Wall Street gave the drive-thru coffee chain an enthusiastic reception on Wednesday. Company executives believe that will help them even more, says RB’s The Bottom Line.

The 180-unit brand, which sells cupcakes and ice cream and is largely owned by franchisees, will be led by a new team as it is prepped for growth.

The Series E funding round will give the payments company a $3.15 billion valuation while the acquisition will expand its reach.

With sales recovering and expectations of post-pandemic growth, investment firms are making bets on small concepts again, says RB’s The Bottom Line.

In the nearly 30 years since opening his first restaurant, Fox has become a concept developer whose ideas regularly get scooped up by big-time investors and chains.

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