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Financing

TGI Fridays to be acquired in a $380M deal

The transaction with Allegro Merger will once again make the granddaddy of the casual segment a public company.

Financing

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

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

Financing

Bravo Brio rejects takeover bid from Romano's Macaroni Grill

By Peter Romeo on May 15, 2018

The two-concept Italian operation says its pending acquisition by a Swiss private-equity group is a better deal.

Operations

This week’s 5 head-spinning moments: Double turns

By Peter Romeo on Feb. 10, 2017

No sooner had one arresting development arisen than another quickly followed in its wake, making neck braces an acceptable fashion accessory.

Panera to be acquired for $7.5B

By Peter Romeo on Apr. 05, 2017

The deal will transform the parent of Krispy Kreme and Einstein Bros. into a global restaurant force.

Operations

This week’s 4 head-spinning moments: No mas

By Peter Romeo on Apr. 07, 2017

Taco Bell's newfound qualms about social media is just one example of restaurants wondering if the status quo is such a hot way to go.

Mooyah acquired by growth-minded investors

By Peter Romeo on May 03, 2017

The fast-casual brand's new owners include the investment fund founded by franchising veteran Anand Gala to amass regional expansion opportunities.

Jim 'N Nick's acquired by Roark

By Peter Romeo on Jul. 11, 2017

The regional barbecue chain joins a stable of 20 restaurant brands ranging from Arby's to Auntie Anne's.

J. Alexander’s buys Ninety Nine chain

By Peter Romeo on Aug. 04, 2017

The deal will give J. Alexander's a firm foothold in New England.

Financing

100-unit Cafe Rio changes hands

By Peter Romeo on Sep. 08, 2017

The controlling stake was sold by one private-equity firm to another.

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