Continue to Site >>>

acquisitions

Financing

Fogo de Chao to be acquired by Bain Capital

 By Joe Guszkowski on Aug. 15, 2023

The deal is a change of course for the 76-unit steakhouse brand, which had been preparing for an IPO.

Financing

As Sardar Biglari buys up stock, El Pollo Loco swallows a poison pill

 By Jonathan Maze on Aug. 09, 2023

The chicken chain adopted a shareholder rights plan, citing Biglari Capital’s continued acquisition of the company’s shares.

Financing

Pollo Tropical to be sold to the owner of Primanti Bros

By Jonathan Maze on Aug. 07, 2023

Authentic Restaurant Brands, which operates Primanti Bros and P.J. Whelihan’s, is taking the fast-casual chicken chain private for $8.50 per share.

Financing

Fat Brands readies Twin Peaks for 2024 IPO

By Joe Guszkowski on Aug. 07, 2023

The company said it will look to acquire similar concepts and convert them to Twin Peaks as it aims to reach 200 locations in the next several years.

Financing

Here is why the Subway sale is so complicated

By Jonathan Maze on Aug. 04, 2023

The Bottom Line: The sandwich giant is reportedly expected to complete a sale by Labor Day. But it’s never been a slam dunk. And here’s why.

Financing

Sardar Biglari takes a big stake in El Pollo Loco

By Jonathan Maze on Aug. 01, 2023

The investor, whose Biglari Holdings owns Steak n Shake, has acquired 9.1% of the shares of the chicken chain in his latest “passive” investment.

Operations

PFG buys Orion Food Systems, strengthening its foodservice presence in c-stores

By Peter Romeo on Jul. 27, 2023

Orion provides branded prepared foods, including breakfast items and pizza, to about 1,500 c-stores.

Leadership

What's next for Jersey Mike's? CEO-owner Peter Cancro is thinking

By Peter Romeo on Jul. 25, 2023

The addition of a second concept and overseas expansion are probabilities. A change in ownership is also possible, he says.

Financing

The owner of Quiznos and Church's is buying some Hardee's restaurants out of bankruptcy

By Jonathan Maze on Jul. 17, 2023

High Bluff Capital Partners won bidding for 81 of the 108 locations for $16 million. Hardee’s parent CKE Restaurants is buying another nine locations.

Financing

The M&A market is showing signs of life

By Jonathan Maze on Jul. 14, 2023

The Bottom Line: Benihana is apparently on the market, according to reports, helping to signal that the market for restaurants is improving.

  • Page 9