acquisitions

Big Burger King franchisee Carrols makes its first post-pandemic deal

By Jonathan Maze on Jul. 08, 2021

The operator has acquired 19 restaurants in Indiana and Michigan after taking a break to pay down debt and deal with the impact of the coronavirus.

Premium

Financing

Everybody is buying restaurant chains right now

By Jonathan Maze on Jul. 06, 2021

There have been six deals in seven days plus one IPO and an upgraded SPAC merger as dealmaking makes up for lost time. RB’s The Bottom Line examines why.

Financing

Logan's Roadhouse parent agrees to buy J. Alexander's for $220M

By Peter Romeo on Jul. 02, 2021

The cash tender offer represents a 14% premium over J. Alexander's stock price.

Financing

Fertitta includes more restaurant brands in his going-public merger deal

By Peter Romeo on Jul. 01, 2021

The resulting company will now also operate Mastro's, Vic and Anthony's, and Catchsteak.

Financing

Krispy Kreme raises $500M in its IPO

By Jonathan Maze on Jul. 01, 2021

The doughnut chain priced its offering at $17 per share, which was below its expected range.

Premium

Financing

Franchisees start buying up brands

By Jonathan Maze on Jul. 01, 2021

Large franchisees have scooped up Fuddruckers, Au Bon Pain and now Taco Cabana in recent days. But owning a brand is quite different, says RB’s The Bottom Line.

Financing

Jack in the Box's largest franchisee agrees to buy Taco Cabana for $85M

By Peter Romeo on Jul. 01, 2021

The sale by Fiesta Restaurant Group will enable the company to focus on Pollo Tropical, according to its CEO.

Premium

Financing

JAB Holdings heads for the exits

By Jonathan Maze on Jun. 30, 2021

IPOs by JDE/Peet’s and Krispy Kreme, and perhaps Panera Bread, signal a major shift in strategy for a firm many thought had long-term aspirations, says RB’s The Bottom Line.

Financing