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Fat Brands to acquire Fazoli’s for $130 million
The purchase from Sentinel Capital Partners is expected to close in December 2021 Fat Brands announced Tuesday its intention to acquire fast-casual Italian chain Fazoli’s for $130 million. The...
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Panera Brands to go public and merge with Danny Meyer SPAC
Latest restaurant IPO brings together ‘two of the world’s leading hospitality organizations’ Panera Brands on Tuesday said it will return to the public markets in a transaction that will bring in as a...
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Taco Bell franchisee Pacific Bells LLC acquired by Orangewood Partners
One of the chain’s largest operators with more than 250 units, the group plans more growth Pacific Bells LLC, one of the largest Taco Bell franchise operators, has been acquired by investment firm...
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NRN editors discuss McDonald’s x Mariah Carey, whether In-N-Out will open in...
Plus, hear from the CEO of First Watch Chris Tomasso This week, the NRN editors discussed the latest collaboration between McDonald’s and a celebrity: Mariah Carey. The Queen of Christmas partnered...
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Restaurant Brands International to acquire Firehouse Subs for $1 billion
The brand will join Burger King, Popeyes and Tim Hortons at the quick-service giant Restaurant Brands International, which owns Burger King, Popeyes and Tim Hortons, announced Monday that it will...
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Firehouse Subs sees global expansion opportunity in $1B RBI deal
José Cil, CEO of Burger King parent, and Don Fox, CEO of the sandwich chain, discuss opportunities of acquisition Firehouse Subs sees opportunities for international growth in its planned $1 billion...
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Fat Brands to acquire Native Grill & Wings for $20 million
Native Grill & Wings will mark Fat Brands’ fourth acquisition since June, including Global Franchise Group, Twin Peaks and Fazoli’s Fat Brands announced Monday the intention to acquire the...
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NRN editors discuss Fat Brands’ series of acquisitions, MOD’s plans to go...
Plus, hear from Gregg Koffler, the vice president of franchising for Roy Rogers, about the chain’s new franchising strategy and future plans This week on the Extra Serving podcast, NRN editors Holly...
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Velvet Taco sold to Leonard Green & Partners
Current management to remain in place at fast-casual restaurant chain Fast-casual restaurant chain Velvet Taco has been sold to private equity firm Leonard Green & Partners L.P., former majority...
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Jack in the Box to buy Del Taco for $575 million
The two quick-service chains expect synergy and economies of scale Jack in the Box said on Monday it would acquire fellow quick-service chain Del Taco for $12.51 per share, or around $575 million.The...
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Jack in the Box explains why it plans to acquire another Mexican chain
Company officials say it’s a better match with Del Taco than with previous partner Qdoba Mexican Eats Jack in the Box sold the Qdoba Mexican Eats chain in 2018 after owning it for about 15 years...
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25 mergers and acquisitions in and around the restaurant industry in 2021
2021 was another busy year for mergers and acquisitions in and around the restaurant industry, from Capriotti’s Sandwich Shop buying Wing Zone on Jan. 4 to Jack in the Box buying Del Taco on Dec. 6 —...
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NRN editors discuss the sale of Del Taco to Jack in the Box, New York City’s...
Plus, hear from football star Victor Cruz about his new investment in restaurant chain Krystal This week on the Nation’s Restaurant News podcast, Extra Serving, editors Holly Petre, Leigh Anne...
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Fat Brands is on an acquisition spree: Here’s how that risky strategy could...
The restaurant group has announced four brand acquisitions over the past five months, but is the aggressive approach smart?Four years ago, Fat Brands was known primarily for its flagship brand,...
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The inside story of 2021’s biggest acquisition: Restaurant Brands...
The CEO of Firehouse Subs Don Fox talks about the state of the M&A market and why RBI unlocks so much potential for his brand In this episode of Take-Away with Sam Oches, Sam talks with Don Fox,...
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FAT Brands Inc. completes acquisition of Native Grill & Wings
Global restaurant franchising company makes investment in third wing concept FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”) today announced the completion of...
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Southpaw acquires 35 Taco Bell stores across Mid-Atlantic Region
Southpaw, a leading owner and operator within the Quick Service Restaurants (QSR) sector, today announced that it has acquired 35 Taco Bell restaurants across Northern Virginia and DC-Metro Maryland,...
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Regional Hopdoddy to acquire Grub Burger Bar
HiBar Hospitality Group, with a combined 51 better-burger restaurants, is backed by private equity firm L Catterton Hopdoddy Burger Bar has agreed to acquire the Texas-based Grub Burger Bar to create...
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DoorDash to acquire contactless ordering and payment solutions company Bbot
The deal is expected to go through by the end of this quarter and will introduce digital tableside ordering to DoorDash’s tech stack DoorDash announced Tuesday its intention to acquire startup...
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It’s official: Jack in the Box Inc. now owns Del Taco
$585 million transaction is complete and move is expected to help both brands accelerate growth Del Taco is officially part of the Jack in the Box Inc. family.San Diego-based Jack in the Box Inc. said...
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