Denny's

Leadership

CEO Kelli Valade leaves Denny's for Women's Foodservice Forum

Valade was named CEO and president of the nonprofit less than a week after Denny’s was sold to TriArtisan Capital Advisors and other investors.

Financing

Denny's completes $620M sale following shareholder OK

The acquisition by TriArtisan Capital, Yadav Enterprises and Treville Capital takes the diner chain private for the first time since 1997.

Two lawsuits argue that the diner chain did not provide a full picture of what led up to the $620 million deal. Denny’s responded this week with more information.

The Bottom Line: Denny’s and Potbelly have both been taken private. Noodles & Company and Pizza Hut are on the market. And rumors are constantly flying about Papa Johns.

TriArtisan Capital Advisors, Treville Capital Group and Yadav Enterprises will take the diner chain and its sister brand Keke’s private in a surprising deal.

JCP Investment and Jumana Capital have taken a 9% stake in the diner chain with plans to work with leadership on boosting its share price.

The family-dining chain is continuing to push low-priced offers for price-sensitive consumers. It also has high hopes for a new loyalty program.

Customers who order a Grand Slam breakfast can get a second for $1 for a limited time. The value offer has helped revive traffic at the family-dining chain after it fell sharply to start the year.

The move by the diner chain comes as egg prices continue to skyrocket due to a nationwide shortage caused by avian flu.

Nearly 30 additional locations could shut their doors this year as the diner chain’s comeback efforts hit a snag.

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