acquisitions

Why BurgerFi is going public in a pandemic

By Jonathan Maze on Jul. 15, 2020

The chain’s president, Charlie Guzzetta, joins the RB podcast “A Deeper Dive” to talk about the coronavirus and its merger with Opes Acquisition.

Financing

Reverse mergers are suddenly all the rage

By Jonathan Maze on Jul. 15, 2020

Special purpose acquisition companies, or SPACs, have been taking more companies like BurgerFi public. RB’s The Bottom Line examines the strategy and finds mixed results.

Financing

Relations sour between Pizza Hut and one of its oldest operators

By Jonathan Maze on Jul. 02, 2020

The bankruptcy of giant franchisee NPC International reveals tensions between the 58-year-old company and its franchisor.

Financing

Giant Pizza Hut franchisee NPC International declares bankruptcy

By Jonathan Maze on Jul. 01, 2020

The company, which is also Wendy’s largest operator, has been struggling with massive debt levels.

Financing

Opes Acquisition is paying $100M for BurgerFi

By Jonathan Maze on Jun. 30, 2020

The reverse merger will help fuel the fast-casual burger chain’s growth, which will take it to more nontraditional locations, including ghost kitchens.

Financing

For Aurify Brands, Le Pain Quotidien was too good a brand to pass up

By Jonathan Maze on Jun. 30, 2020

The New York-based operator has completed its deal for the chain’s U.S. market and plans to reopen more than 40 locations, says RB’s The Bottom Line.

Financing

Chuck E. Cheese faced more than 50 landlord lawsuits

By Jonathan Maze on Jun. 26, 2020

CEC Entertainment said it filed for bankruptcy protection to stop those actions. RB’s The Bottom Line explains why this might be a sign of things to come.

Financing