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Brix Holdings completes acquisition of Clean Juice
The parent company of Friendly’s and Red Mango acquired the juice bar franchise for an undisclosed amount Brix Holdings LLC — the multi-brand franchising portfolio group and parent company of...
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Flynn Group acquires New Zealand Wendy’s
Investment is franchise portfolio’s third international investment since 2023 Flynn Group LP has acquired Wendco (NZ) Ltd., the sole franchisee of the Wendy’s brand in New Zealand, the company...
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Sony Pictures acquires movie-dining company Alamo Drafthouse
Michael Kustermann will remain Alamo CEO and head the company’s new experiences division Sony Pictures Entertainment has acquired Alamo Drafthouse Cinema and is creating a new experiences division of...
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ConverseNow acquires Valyant AI as two major voice AI companies combine forces
ConverseNow’s acquisition of Valyant AI will accelerate the tech company’s strength in the restaurant drive-thru technology space ConverseNow — the Austin, Texas-based voice AI technology company with...
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MOD Pizza agrees to sale to Elite Restaurant Group
Fast-casual restaurant chain had been considering ‘all options’ as it faced bankruptcy pressure. MOD Pizza, one of the once-growing group of fast-casual pizza concepts, has agreed sell to Elite...
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How a restaurant acquisition impacts culinary and supply chain
Craveworthy Brands’ VP of culinary and supply chain Becca McIntyre joins the Extra Serving podcast This week on Extra Serving, a podcast from Nation’s Restaurant News, senior food and beverage editor...
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Tech Tracker: Foodservice tech is now gamifying everything
The Devour Web3 food delivery platform lets customers play games for rewards; 1Huddle launched a new AI feature to gamify training manuals Gamification has been a buzzword in the restaurant industry...
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Olive Garden parent Darden agrees to buy Chuy’s in $605M deal
Casual-dining company to add Tex-Mex-based concept to portfolio Darden Restaurants Inc., parent to such casual-dining chains as Olive Garden, LongHorn Steakhouse, and Cheddar’s Scratch Kitchen, has...
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Darden reveals why Chuy’s is a solid fit for the company’s 10th brand
Acquisition of the Tex-Mex chain would follow the addition of Ruth’s Chris Steak House last year Darden Restaurants Inc, the portfolio casual-dining company that has a strong presence in Italian with...
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Red Lobster to be purchased by an affiliate of SPB owner Fortress Investment...
The parent of Logan’s Roadhouse, Krystal, and other restaurant concepts also is the seafood chain’s main creditor Red Lobster will almost certainly be bought out of bankruptcy by its creditors, led by...
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Logan’s, Krystal parent company adds two concepts created by Iron Chef Jose...
SPB Hospitality is growing its portfolio with the addition of Amada Y Tapas Y Vino and Village Whiskey SPB Hospitality, the parent company of restaurant brands like Logan’s Roadhouse, Krystal, and Old...
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Rubio’s sold to its lender The Original Fish Taco, affiliate of TREW Capital...
TREW Capital had acquired Rubio’s debt, reportedly over $72 million, in March, two months before the California-based brand declared bankruptcy Two months after declaring bankruptcy, Rubio’s Coastal...
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How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent...
Frank Paci, CEO of the restaurant chain, discusses the benefits of operating under FSC Franchise Co. — from resource-sharing to real estate opportunities In November 2023, Sentinel Capital Partners...
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RBI executives say Tim Hortons ‘hitting on all cylinders’ in Q2
Burger King parent closes on two acquisitions during the period Tim Hortons and the Restaurant Brands International Inc. global division buoyed sales for the Burger King parent in the second quarter...
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Flynn Group acquires 83 Wendy’s units, expanding to domestic restaurants
Franchise operator adds New Jersey and Pennsylvania markets, now has 277 units of burger brand in 6 states and D.C.Flynn Group LP, the franchise operator, has acquired Wendy’s restaurants in...
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Playa Bowls acquired by private equity firm Sycamore Partners
The 250-location New Jersey-founded acai bowl chain was acquired by the retail-focused private equity firm with investments like Express and Staples The Belmar, N.J.-based acai bowl chain Playa Bowls...
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Thrive Restaurant Group acquires Modern Market Eatery
Kansas-based restaurant company buys fast-casual concept from Butterfly Equity Thrive Restaurant Group has acquired the 29-unit fast-casual Modern Market Eatery brand from Butterfly Equity, the...
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Franchisee Hostmore’s purchase of TGI Fridays falls through
U.K. firm’s stock drops more than 91% after announcement, and company faces likely delisting Hostmore Plc,, the United Kingdom-based franchisee of casual-dining TGI Fridays, said its planned reverse...
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Flynn Group acquires 13 Panera restaurants
Franchisee adds Virginia to 145-café count in deal with Blue Ridge Bread Flynn Group LP, the franchising company, has acquired 13 Panera Bread cafés from Blue Ridge Bread Inc., bringing its total...
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TGI Fridays’ U.K. owner Hostmore files for administration after reverse...
Right after Hostmore PLC failed to purchase the casual-dining franchisor, the U.K. franchisee is hoping to sell its 87 restaurants by the end of the month Hostmore PLC — a United Kingdom-based master...
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