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Tucker's Farm's Wonder Franchises acquires Pizza Factory
Mary Jane Riva will remain as CEO of the concept, the company says Tucker’s Farm Corp.’s Wonder Franchises subsidiary has acquired the 110-unit Pizza Factory Inc., the company said Tuesday.New...
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Why restaurant M&A is picking up
Plus, McDonald’s reworks big policy, and KFC aims to transform On this week’s Extra Serving, NRN editor in chief Sam Oches and executive editor Alicia Kelso discuss McDonald’s announcement that it...
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Call Your Mother receives investment from private equity firm behind CAVA’s...
The Washington, D.C.-based “Jew-ish” deli is partnering with Invus through Artal Group to focus on growth in new markets Washington, D.C.-based “Jew-ish” deli concept Call Your Mother announced an...
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In restaurant finance, optimism abounds for 2025
The consensus is that investors are itching to come off the sidelines after a relatively dormant 2024, as interest rates come down and the economic environment stabilizes There was a buoyant sense of...
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Wonder finalizes acquisition of Grubhub for $650 million
Just Eat Takeaway.com transferred Grubhub to the virtual food company with its $500 million in debt; net proceeds expected up to $50 million Virtual food hall company Wonder has completed the...
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Kelly’s Roast Beef brand acquired by AAM15 Management Group
The Massachusetts-based regional quick-service brand will now be managed by the private equity management group The Kelly’s Roast Beef brand — the 15-unit, Massachusetts-based regional quick-service...
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McDonald’s DEI, congestion pricing, Hickory Tavern
Get all the headlines in today’s Restaurant Daily podcast McDonald’s is redefining its inclusion strategy. The company said on Monday that it will no longer set “aspirational representation goals” in...
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Artistry Restaurants acquires 20-unit Hickory Tavern
The Florida-based company now has seven concepts in its portfolio as it expands into the Carolinas for the first time Artistry Restaurants has acquired the 20-unit Hickory Tavern casual-dining...
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Savvy Sliders owner buys BurgerFi
Acquisition brings restaurant total to 206 units, company says The owner of Savvy Sliders has bought the BurgerFi brand, sources confirmed Tuesday.Detroit, Mich.-based Savvy Sliders, which has 52...
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Value Foodservice acquires 11 KFC restaurants
The New York-based group, with added Kentucky and Tennessee units, now owns 59 U.S. locations Value Foodservice LLC has acquired 11 Kentucky Fried Chicken restaurants, bringing its total KFC...
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Starbucks China, SPB, meal deals
Get all the headlines in today’s Restaurant Daily podcast Starbucks China has hired its first chief growth officer. Tony Yang will be tasked with improving Starbucks China’s performance as the coffee...
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SPB Hospitality sells five brewery and specialty brands to Kelly Companies
The sale includes Rock Bottom Restaurant & Brewery, Gordon Biersch Brewery Restaurant, ChopHouse & Brewery, Ragtime Tavern, and Seven Bridges Grille & Brewery SPB Hospitality – parent...
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Acquisition deals in 2024 include big players like Subway and Jersey Mike’s
Big brands like Subway and jersey Mike’s changed hands during the year In 2024, mergers and acquisitions were big news.Roark Capital in April completed its acquisition of Subway, the sandwich chain,...
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Cherry Bounce partners with Nashville, Tenn.-based Party Fowl
The Raleigh, N.C.-based group bought into the hot chicken concept after restructuring Cherry Bounce Hospitality has invested in the three-unit Nashville, Tenn.-based Party Fowl, which has restructured...
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Flynn Group buys 32 more Wendy’s restaurants
Franchise operator brings domestic portfolio to 309 locations Flynn Group LP has acquired 32 Wendy’s units in the Indianapolis, Ind., area, the company said Thursday.The San Francisco-based company,...
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Trending this week: Applebee’s refines its value strategy
See what’s popular on Nation’s Restaurant News this week This week on NRN.com, the top story was about Applebee’s refined value strategy. During the third quarter, executives acknowledged missing the...
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Craveworthy Brands acquires Fresh Brothers Pizza
This is the group’s first brick-and-mortar pizza chain Craveworthy Brands has expanded its growing restaurant portfolio with the acquisition of Fresh Brothers Pizza, the Chicago-based group said...
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Wonder to acquire Grubhub
The acquisition, slated for completion early in 2025, could allow one-app ordering for everything from high-end dinners to meal kits Virtual food hall company Wonder said on Wednesday it is acquiring...
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Mo’Bettahs has been acquired by Blue Marlin Partners and Trive Capital
As part of the deal, Savory Fund, which acquired the chain in 2017, and founders Kimo and Kalani Mack will retain minority stakes. Washington, D.C.-based private investment firm Blue Marlin Partners...
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Edie Ames named CEO of coffeehouse concept Bluestone Lane
Founder Nicholas Stone to step aside and take the role of executive chairman Nicholas Stone, founder and chief executive of Bluestone Lane, an Australian-inspired coffeehouse chain that operates some...
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