Financing

What to make of a flurry of restaurant acquisitions

On this episode of "A Deeper Dive," RB’s Jonathan Maze and Peter Romeo discuss what has been a busy summer season for restaurant M&A.

a deeper dive header

This has been an especially busy summer for restaurant mergers and acquisitions.

In this week’s edition of the Restaurant Business podcast “A Deeper Dive,” RB Editor-at-Large Peter Romeo joins Executive Editor Jonathan Maze to discuss all of these deals and to see if there is any deeper meaning behind the flurry of activity.

The deals include Starbucks taking a stake in tech company Brightloom, Ares Management’s investment in Cooper’s Hawk, and Cracker Barrel’s investment in Punch Bowl Social. Jack’s was sold, and Jollibee bought The Coffee Bean & Tea Leaf.

A company controlled by Marcus Jundt, meanwhile, bought what’s left of Kona Grill. Previously, companies such as Whataburger and Del Frisco’s Restaurant Group reached deals to be sold. All this happened despite changing dynamics in the industry and generally weak traffic.

Please have a listen.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Leadership

Restaurants bring the industry's concerns to Congress

Neary 600 operators made their case to lawmakers as part of the National Restaurant Association’s Public Affairs Conference.

Financing

Proposed TGI Fridays sale is no home run, but has promise for both sides

The $220 million all-stock deal would get Fridays’ owner TriArtisan out of its decade-long investment and give the struggling chain a like-minded partner in franchisee Hostmore, experts say.

Financing

Podcast transcript: Virtual Dining Brands co-founder Robbie Earl

A Deeper Dive: What is the future of digital-only concepts? Earl discusses their work to ensure quality and why focusing on restaurant delivery works.

Trending

More from our partners