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acquisitions

Financing

Hooters operator is getting into the drug business

 By Jonathan Maze on Oct. 11, 2019

Chanticleer Holdings is merging with a biotech company that develops cancer drugs and plans to spin off its restaurants.

Financing

Cracker Barrel acquires Maple Street Biscuit Co.

 By Jonathan Maze on Oct. 11, 2019

The company plans to fold its Holler & Dash brand into the newly acquired fast-casual concept following the $36 million deal.

Financing

Big Burger King franchisee buys 51 McAlister’s locations

By Jonathan Maze on Oct. 10, 2019

Sun Holdings, which also owns the Taco Bueno brand and operates several franchises, bought locations in four states and the right to develop 47 more.

Financing

Landry’s flips some of the restaurants it just bought

By Peter Romeo on Oct. 03, 2019

The operations were sold on the brink of being closed to multiconcept operator and Famous Dave’s franchisee Ascend.

Financing

MTY Group to buy a casual-dining operator

By Jonathan Maze on Oct. 02, 2019

The Canadian brand collector has agreed to buy a majority stake in a trio of casual-dining concepts in Ontario, including Turtle Jack’s.

Financing

How big a check did Tilman Fertitta write for Del Frisco’s steakhouses?

By Peter Romeo on Oct. 02, 2019

New information shows he’ll dig deep for something he wants. And he apparently wanted these badly.

Financing

A big Pizza Hut operator buys 27 Arby’s locations

By Jonathan Maze on Oct. 01, 2019

The newly formed Quality Restaurant Group adds a second brand and names Matthew Slaine CEO.

Financing

Restaurant buyers look for big deals

By Jonathan Maze on Sep. 30, 2019

With the industry facing an uncertain future, investors are hunting big game while treading lightly around risk.

Financing

Landry’s and Inspire Brands continue the consolidation trend

By Jonathan Maze on Sep. 30, 2019

The presence of growing operating companies will continue to put pressure on stand-alone chains to get larger, says RB’s The Bottom Line.

Financing

Why the Barteca acquisition caused Del Frisco’s downfall

By Jonathan Maze on Sep. 26, 2019

Rather than give the company long-term growth, it led investors to force a sale and the company’s ultimate breakup, says RB’s The Bottom Line.

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