DFRG considers possible sale after acquisition of Barteca, activist letter Del Frisco’s Restaurant Group (DFRG) announced today that it will complete a strategic review, including the possible sale of the […]
Jack in the Box for sale could add to billions spent on restaurant acquisitions in past two years Jack in the Box announced that it could be put up for sale, based […]
Cava has completed the acquisition of Zoe's Kitchen, according to an announcement from Cava November 21. Zoe’s shareholders received $12.75 per share in the all-cash transaction. Panera Founder Ron Shaich had backed the deal, which was funded by his Act II Holdings investment... SWaN & Legend Venture Partners and Revolution Growth.
Sweetgreen, a health-oriented fast-casual chain, serving creative salads and bowls built around proteins, grains and vegetables, has raised $200M in its latest raise, following a $35M raise just three years ago. This new round was led by Fidelity Investments. Sweetgreen plans to use the investment to further advance its digital platform, it announced... allow the 90-unit chain to advance its supply chain platform through the use of blockchain.
Bojangles’ is acquired for $594M Charlotte, N.C.-based Bojangles’ announced November 6 that it would be acquired by Durational Capital Management and The Jordan Company for $16.10 per share all-cash, or […]
Consumers are enjoying restaurant food in the comfort of their own homes and their places of work. Restaurant chains have focused on delivery and takeout as a way to capture the upside of this trend. According to Melissa Wilson of restaurant consulting firm, Technomic, appearing in April at the Restaurant Leadership Conference in Phoenix, restaurant delivery is expected to grow by 12 percent. ..In fact, several high-profile announcements during the summer have highlighted the importance of delivery to restaurant chains. Chipotle, Naf Naf Grill, California Pizza Kitchen, Shake Shack, and Applebee’s...