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Twin Peaks

Financing

Fat Brands, a ‘publicly-traded private equity firm,’ focuses on strategic deals

The Bottom Line: The owner of Twin Peaks, Johnny Rockets and Fazoli’s has shifted its attention to more targeted acquisitions and could spin off or sell some assets.

Emerging Brands

Romacorp Inc. readies the new fast-casual Bones & Burgers

This offshoot of the full-service Tony Roma’s barbecue brand is designed for nontraditional and smaller spaces.

Jeremy Theisen joins the Twin Peaks and Fazoli's parent after two decades of expanding startups.

The casual-dining chain, owned by Fat Brands, has seen strong sales this year. And its sales are up in Florida.

The owner of Johnny Rockets and Twin Peaks is making its fourth deal this year with the acquisition of its third chicken wing chain.

The multiple Fat Brands is paying for the casual dining chain has raised some eyebrows. But it is indicative of a deal that is different from the company’s other acquisitions, says RB’s The Bottom Line.

After a pandemic pause last year, operators are stepping up food and drink promotions to lure fans as the NFL and college football season kicks off.

Big-name players are realigning top management to provide more flexibility and give additional attention to new revenue streams.

The action accuses the breastaurantchain of functioning like a "sex ring."

Get Top 500 data: sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomic’s analysis, growth forecast and more.

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