Garnett Station Partners takes major stake in P.J. Whelihan’s parent
Garnett Station’s investment in PJW Restaurant Group should accelerate growth of steak, pub concepts in N.J.-Del. region Garnett Station Partners has invested in the PJW Restaurant Group, operator of P.J. […]
Southpaw acquires 35 Taco Bell restaurants, expanding presence in Mid-Atlantic
The Southpaw acquisition of 35 Taco Bell restaurants plants long-term seed in high-growth region Quick-service restaurant operator and private equity fund Souththpaw acquired 35 Taco Bell Restaurants in the Mid-Atlantic. […]
Fat Brands completes acquisitions of Fazoli’s, Native Grill and Wings
Doling out of $150M takes franchisor Fat Brands to more than 2,300 locations in its system Fat Brands completed the acquisition of both fast-casual Fazoli’s and casual-dining wings-and-sports bar chain […]
Aramark takes minority stake in Starr Restaurants in new strategic partnership
Licensing agreement will expand Starr Restaurants’ brands nationwide to Aramark client base Aramark took a minority ownership stake in Starr Restaurants, which was founded by Stephen Starr, as part of […]
Jack in the Box agrees to buy Del Taco for $575M
QSR chains will combine for 2,800+ locations, $5.1B in system sales Jack in the Box agreed to acquire Del Taco Restaurants, Inc., the operator of Del Taco, for $575M, including […]
Leonard Green takes majority stake in hip, funky Velvet Taco chain
LGP investment in Velvet Taco should accelerate taco chain’s already rapid growth Leonard Green & Partners, L.P. (LGP) took a majority stake in Velvet Taco from private equity firm L […]
Fat Brands to acquire Native Grill and Wings for $20M
Arizona-based chicken wing concept will add $3M to Fat Brands’ 2022 normalized EBITDA Fat Brands will acquire Native Grill & Wings for $20M in cash under an agreement with Cybeck […]
RBI agrees to acquire Firehouse Subs in $1B all-cash transaction
Firehouse Subs to become RBI’s first fast-casual restaurant brand Restaurant Brands International (RBI) agreed to acquire the Firehouse Subs operator for $1B in cash. The agreement to purchase Firehouse Restaurant […]
Panera Brands to file for IPO using Danny Meyer’s HUGS SPAC
Panera Bread headed to public markets just four years after JAB took bakery-cafe chain private Panera Brands, Inc., a hospitality portfolio company that includes Panera Bread, Caribou Coffee and Einstein […]
Starbird Chicken raises $12M in fund raise led by KarpReilly
Tech-forward quick-service chain Starbird Chicken raised $12M in a capital raise led by KarpReilly, a private investment firm based in Greenwich, Conn. The funds will boost its ongoing growth, including […]
Fat Brands to acquire Fazoli’s Italian chain for $130M
Third brand purchase this year gives Fat Brands system sales of $2.1B, 2,300 stores Fat Brands agreed to acquire the Fazoli’s Italian chain for $130M in cash from a Sentinel […]