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acquisitions

Financing

Wendy’s makes a bid for bankrupt NPC International’s restaurants

 By Jonathan Maze on Nov. 19, 2020

The burger chain and a consortium of franchisees are bidding for nearly 400 locations. Franchisees will end up with most of the restaurants.

Financing

Thompson Hospitality buys Matchbox Food Group out of bankruptcy

 By Jonathan Maze on Nov. 18, 2020

The casual dining chain is reopening four units as it emerges from Chapter 11.

Financing

Goldman Sachs to acquire a significant stake in Zaxby's

By Jonathan Maze on Nov. 18, 2020

The investment will enable the Athens, Ga.-based chicken chain to accelerate its growth and expand into new sales channels.

Financing

Everytable wants to take its restaurants everywhere

By Jonathan Maze on Nov. 18, 2020

The health-focused concept, which includes restaurants, vending machines and a subscription service, just received $16 million in funding to expand.

Financing

In NPC bid, Greg Flynn makes his biggest play yet

By Jonathan Maze on Nov. 17, 2020

The CEO of Flynn Restaurant Group is pushing a megadeal for the Wendy’s and Pizza Hut operator that would create the third-largest restaurant operator in the U.S., says RB's The Bottom Line.

Financing

Dozens of buyers are eyeing bankrupt NPC International restaurants

By Jonathan Maze on Nov. 16, 2020

Flynn Restaurant Group was OK’d as the stalking horse bidder for the Pizza Hut and Wendy’s operator, even as Wendy’s objects. But many other potential buyers are interested.

Financing

Bankrupt Ruby Tuesday tells court (and retirees): 'Pension funds are ours'

By Peter Romeo on Nov. 12, 2020

A struggle over who owns those assets has complicated Chapter 11 proceedings--and raised the possibility of a Chapter 7 liquidation.

Financing

Applebee’s franchisee Flynn Restaurant Group is bidding to buy NPC International

By Jonathan Maze on Nov. 06, 2020

The giant operator, which also operates Arby’s, Panera Bread and Taco Bell, has an initial bid to buy the giant Wendy’s and Pizza Hut franchisee out of bankruptcy.

Financing

Franchisee Carrols may give up its right to buy Burger King units

By Jonathan Maze on Nov. 05, 2020

The company is negotiating with the franchisor to reduce unit openings and remodels and expects to give up an exclusive right to buy existing restaurants that are up for sale.

Financing

What Inspire Brands is building with its Dunkin’ acquisition

By Restaurant Business Staff on Nov. 04, 2020

This week’s episode of the RB podcast “A Deeper Dive” features a discussion with Editor-at-Large Peter Romeo on some recent deals in the restaurant industry.

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