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acquisitions

Financing

Sweetgreen is acquiring robotic restaurant concept Spyce

 By Heather Lalley on Aug. 24, 2021

The fast casual, which recently submitted documents to go public, said Spyce’s automation will allow it to speed throughput and let workers focus on food prep and hospitality.

Financing

The great restaurant consolidation wave picks up steam

 By Jonathan Maze on Aug. 20, 2021

As chains come out of the pandemic, they are buying other concepts at a breakneck pace. Here’s why, according to RB’s The Bottom Line.

Financing

Dutch Bros files for a $100M IPO

By Jonathan Maze on Aug. 20, 2021

The drive-thru coffee chain has been growing steadily with strong store-level profits and 14 straight years of same-store sales growth.

Financing

Parent of Famous Dave's is on a hunt for brands

By Peter Romeo on Aug. 16, 2021

BBQ Holdings says it'd like to add pizza and breakfast brands, but isn't stopping there.

Financing

Tim Hortons China to go public in $1.7B deal

By Jonathan Maze on Aug. 16, 2021

The fast-growing market for the Canadian coffee-and-doughnut chain is merging with a shell company that will take it public in the U.S.

Operations

Restaurant mega-franchisee Greg Flynn buys more hotels

By Peter Romeo on Aug. 10, 2021

The operator of six restaurant concepts has added 20 lodging properties to his holdings in a $211 million deal.

Operations

Inside the surprise Panera Brands deal

By Heather Lalley on Aug. 05, 2021

Niren Chaudhary, CEO of the newly formed fast-casual supergroup of Panera Bread, Caribou Coffee and Einstein Bros. Bagels, discusses why the trio banded together and what to expect.

Financing

JAB Holdings’ active history in the restaurant industry

By Jonathan Maze on Aug. 05, 2021

The European investment firm has been buying up restaurants since 2012. In recent years, the company has taken some of its companies public, sold others, and merged existing holdings.

Financing

Starbucks to sell its share of its South Korea market

By Jonathan Maze on Jul. 27, 2021

The coffee giant is selling its stake in the market to its joint venture partner E-Mart and a new investor GIC Private Limited.

Financing

P.F. Chang’s and California Pizza Kitchen could go public

By Jonathan Maze on Jul. 23, 2021

The Asian chain is reportedly considering an initial public offering, while the pizza concept is exploring the idea months after emerging from bankruptcy.

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