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Paciugo acquisition adds diversity to Sinelli Concepts
Which Wich founder says gelato concept expands optionsSinelli Concepts International Inc., parent to the Which Wich sandwich brand, acquired gelato-focused Paciugo Franchising L.P. in January in a deal...
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Wendy’s sells stake in Inspire Brands
Burger brand gets $450 million for slice of Arby’s, Buffalo Wild Wings parentThe Wendy’s Co. on Thursday sold its 12.3 percent ownership in Inspire Brands Inc., parent to the Arby’s and Buffalo Wild...
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Cava Group to acquire Zoe’s Kitchen
Panera founder Ron Shaich’s firm helps finance $300 million deal Cava Group Inc. has agreed to acquire Zoe’s Kitchen Inc. in a Mediterranean-segment deal valued at about $300 million, the companies...
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2018 Top 200: Deal-making alters company rankings
Merger-acquisition landscape remains attractive into 2018This is part of the Nation’s Restaurant News annual Top 200 report, a proprietary ranking of the foodservice industry’s largest restaurant...
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ARC Group to buy Fat Patty’s for $12.3M
Parent to Dick’s Wings & Grill plans to grow the 4-unit chainARC Group Inc., parent to the Dick’s Wings & Grill casual-dining brand, has agreed to acquire the four-unit Fat Patty’s concept for...
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Ruby’s Diner files for Chapter 11
Prominent real estate developer will take a 60 percent stake in the iconic Southern California brandRuby’s Diner Inc., a once thriving 1940s diner concept from Southern California, on Wednesday filed...
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Tech pioneer Stacked acquired by private-equity
Investment to support new growth for Southern California chainThe five-unit Stacked: Food Well Built concept in Southern California has been acquired by private-equity firms Hargett Hunter and TriSpan,...
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Shari’s Management Corp. takes over Coco’s and Carrows
Food Management Partners divests interest in the family-dining brandsFood Management Partners has divested its stake in family-dining chains Coco’s Bakery Restaurant and Carrows Restaurants, according...
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Del Frisco’s to sell Sullivan’s Steakhouse to Romano’s Macaroni Grill
Estimated $32 million in proceeds to pay down debtDel Frisco’s Restaurant Group Inc., is moving to pay down its debt with the sale of its 14-unit Sullivan’s Steakhouse chain to Romano’s Macaroni Grill...
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Carlisle Corp. sells LYFE Kitchen
Chicago-based L3 Hospitality buys remaining 3 unitsCarlisle Corp. has sold its remaining three fast-casual LYFE Kitchen restaurants to the brand’s Chicago franchisee, L3 Hospitality Group.“We are proud...
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Inspire Brands to buy Sonic Corp. for $2.3B
Quick-service burger chain’s management to remain in placeInspire Brands, parent company of Arby’s, Buffalo Wild Wings and Rusty Taco, has agreed to buy Sonic Corp. for $2.3 billion, including Sonic’s...
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Elite Restaurant Group buying spree continues with Patxi’s purchase
The owner of Slater’s 50/50, Daphne’s plans 2 more acquisitions Elite Restaurant Group, the owner of Slater’s 50/50 and Daphne’s, is adding deep-dish pizza to its fast-growing portfolio.Mike Nakhleh,...
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La Boulangerie acquires Loving Cup
Partners lay groundwork for portfolio of niche conceptsThe owners of Garbanzo Mediterranean Fresh and La Boulangerie have added to their portfolio of niche brands with the acquisition Wednesday of...
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Papa John’s stock rises amid new takeover rumors
Peltz’s Trian Fund Management reportedly considering pizza chain purchaseShares of Papa John’s International Inc. rose by more than 6.5 percent Tuesday morning on reports that Trian Fund Management LP...
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Daphne’s buys Noon Mediterranean out of bankruptcy
Parent Elite Restaurant Group plans to convert stores in three statesDaphne’s Inc. has acquired Noon Mediterranean out of bankruptcy in a deal expected to be announced later this week.Within 60 to 90...
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Sonic boosts 4Q same-store sales 2.6%
Drive-in brand notes progress as it nears Inspire deal closeAs Sonic Corp. works toward completing its sale to Inspire Brands Inc., the drive-in company reported Tuesday an improved 2.6 percent...
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Tilman Fertitta proposes Golden Nugget-Caesars deal
Casino merger would provide white space for Landry’s, says reportTilman Fertitta, owner of the Golden Nugget Casinos and the Landry’s Inc. restaurant-entertainment portfolio, has approached casino...
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Roark Capital raises $6.5 billion
Owner of Arby’s, Buffalo Wild Wings signals more acquisitions could be ahead Atlanta-based private-equity firm Roark Capital Group — whose portfolio includes such restaurant brands as Arby’s, Buffalo...
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Real Mex rebrands after bankruptcy asset sale
Chevy’s, El Torito parent becomes Xperience XRG under new ownerReal Mex Restaurants Inc., which for decades has operated one of the largest collections of full-service Mexican food restaurants in the...
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Cheesecake Factory weighs decision on North Italia buy
Company works toward making majority acquisition of Fox Restaurants conceptThe Cheesecake Factory Inc. is weighing financial alternatives as it nears the 2019 deadline on converting its minority...
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