Former Domino’s CEO emerges in a new investment partnership

Patrick Doyle and The Carlyle Group will target consumer, retail and other companies in need of a “technological transformation.”


STK’s parent inks deal to buy Kona Grill for $25M

One Group intends to use the concept as a growth vehicle. The deal has yet to be approved by the bankruptcy court overseeing Kona’s operation.

The restaurant operator, which has bought numerous chains out of bankruptcy, has a “stalking horse” bid on another one.

The company is reportedly getting interest from both private-equity firms and strategic buyers.

The private-equity firm has been buying up stock in the sandwich chain. Exactly why is uncertain.

The polished-casual chain said it is also open to a significant “strategic” equity investment.

Comp sales across its four brands rose 0.5%, led by a 5.5% increase for Bartaco. Traffic slipped at the company’s two steakhouse chains.

Construction costs and intense competition also hurt the movie theater-restaurant chain.

IPic says it will seek a supervisory court’s approval of a sale or restructuring.

The partners say they’re creating a new model for developing and growing restaurant concepts. Here’s why they’re giving that new approach a try.

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