acquisitions

Financing

Cracker Barrel to invest up to $140M in Punch Bowl Social

The deal gives the highway-side family dining chain a noncontrolling stake in the “eatertainment” concept.

Financing

Starbucks takes a stake in a tech company

The coffee chain is sharing technology with Brightloom, formerly known as Eatsa, which also raised $30 million.

Financing

Why the Kura Sushi IPO is a big deal

By Jonathan Maze on Jul. 22, 2019

The proposed $58 million offering could end a long dry period and make the public markets available to small chains again, says RB’s The Bottom Line.

Financing

Private equity firm to sell Jack’s Family Restaurants

By Jonathan Maze on Jul. 19, 2019

Onex Group said it has a deal to sell the Alabama-based chain to an undisclosed buyer and triples its investment.

Financing

Unique model earns Cooper’s Hawk a big payday

By Jonathan Maze on Jul. 19, 2019

The chain’s sale to Ares Management shows again that companies rethinking the restaurant business can fetch strong valuations, says RB’s The Bottom Line.

Financing

Red Robin investor resubmits its purchase offer—this time, without rancor

By Peter Romeo on Jul. 18, 2019

Vintage Capital noted in its nonbinding bid that it is meeting with Red Robin’s leaders and hopes to keep the conversation “constructive.”

Financing

Cooper’s Hawk to be sold to Ares Management

By Jonathan Maze on Jul. 18, 2019

Sources have confirmed a Mergermarket report of the deal to the private equity firm.

Financing

Is a major delivery merger inevitable?

By Jonathan Maze on Jul. 17, 2019

A report last week said Postmates was considering a sale, rather than an IPO. That could further shift the dynamics of third-party delivery, says RB’s The Bottom Line.

Financing