M&A


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    Retrieved from Native Grill & Wings on November 22, 2021

    Fat Brands acquires Native Grill & Wings for $20M

    In its fourth acquisition of the year, the company adds a 23-unit restaurant chain to bulk up its existing chicken wing platform.

    By Nov. 22, 2021
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    Permission granted by Presto

    How Presto's public debut could help restaurants improve labor productivity

    Raising millions of dollars in capital will help the restaurant technology company invest in improving its labor saving and guest experience products.

    By Nov. 15, 2021
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    TennesseePhotographer via Getty Images

    Restaurant Brands International to acquire Firehouse Subs for $1B

    Burger King's parent company will make the largest restaurant transaction of the year and its first acquisition since it bought Popeyes in 2017 for $1.8 billion.

    By Updated Nov. 15, 2021
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    Retrieved from Taco Bell on August 20, 2020

    Private investment firm to buy one of Taco Bell's largest franchisees

    Orangewood Partners' purchase of Pacific Bells, which operates over 250 Taco Bells in nine states, comes amid a broader restaurant M&A spike.

    By Nov. 12, 2021
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    Sean Gallup via Getty Images

    DoorDash makes major expansion into Europe with $8B acquisition

    By acquiring Finland-based Wolt, which operates in 23 countries, DoorDash will be able to build out an international presence without losing focus on the U.S. 

    By Nov. 10, 2021
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    Permission granted by Cosmic Wings

    Sun Holdings adds Applebee's units to its growing portfolio

    The third-largest franchisee in the U.S. acquired 131 Applebee's restaurants in 14 states from RMH Franchise Holdings.

    By Nov. 8, 2021
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    Permission granted by Fazoli's

    Fat Brands buys Fazoli's for $130M

    The multi-branded restaurant platform has made its fourth acquisition in the last 15 months with the addition of the 200-unit QSR chain, which has a pipeline of another 100 units. 

    By Nov. 2, 2021
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    Courtesy of NRD Capital

    Fuzzy's Taco Shop parent forms new restaurant group Experiential Brands

    The company aims to double the Mexican brand's footprint in five years, while also looking for other food and beverage concepts to add to its portfolio.

    By Oct. 27, 2021
  • McDonald's will sell McD Tech Labs to IBM

    The sale of the platform reflects the chain's evolving approach to insourcing versus outsourcing technology, CEO Chris Kempczinski said.

    By Oct. 27, 2021
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    Permission granted by Olo

    Olo buys Wisely for $187M, its first acquisition as a public company

    The transaction will allow Olo to expand its capabilities, which have largely been focused on online ordering, to include customer intelligence and engagement tools. 

    By Oct. 22, 2021
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    Spencer Platt via Getty Images

    Fiserv expands restaurant reach with BentoBox purchase

    The global payments processor said it would buy BentoBox to expand the reach of its Clover unit in servicing restaurants.

    By Lynne Marek • Oct. 19, 2021
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    Permission granted by BurgerFi

    BurgerFi acquires pizza chain for $161.3M

    Just over a year after it went public, the fast casual burger chain landed its first purchase, making Anthony's Coal Fired Pizza & Wings part of its strategy to become a multibrand platform.

    By Oct. 11, 2021
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    Bond

    Reef Technology acquires logistics partner Bond

    The acquisition strengthens Reef's distribution capacity, which will now include Bond's last-mile delivery nano-warehouses.

    By , Oct. 7, 2021
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    Permission granted by Tahoe Joe's

    BBQ Holdings will buy Tahoe Joe's Famous Steakhouses

    This acquisition comes just a few months after the restaurant group bought Village Inn and Bakers Square for $13.5 million.

    By Oct. 7, 2021
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    Permission granted by Kitchen United

    Kitchen United buys Zuul, entering New York City market

    After announcing one of the first acquisitions in the ghost kitchen segment, the company's chief business officer said there's potential for more deals as it looks to expand geographically.

    By Oct. 4, 2021
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    FAT Brands

    Fat Brands to acquire Twin Peaks for $300M

    The deal marks Fat's entry into "polished casual dining," a departure from its rosters of QSR, fast causal and casual restaurant brands, and is the company's second major purchase this summer. 

    By Sept. 1, 2021
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    Courtesy of Spyce

    Sweetgreen acquires automated restaurant company Spyce

    The salad chain plans to use the Boston-based firm's robot-powered technology in its restaurants to improve the guest and employee experience.

    By Aug. 24, 2021
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    Permission granted by One Table Restaurant Brands

    Tocaya and Tender Greens merge, form new parent company

    The Los Angeles-based fast casuals boast a combined 45 locations in California and Arizona and are looking to drive rapid growth through traditional and potentially nontraditional channels. 

    By Aug. 4, 2021
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    Courtesy of Church's Chicken

    High Bluff Capital buys Church's Chicken

    Under High Bluff's Rego Restaurant Group, which recently partnered with Ghost Kitchen Brands, the chain could access new paths to innovation. 

    By Updated Aug. 2, 2021
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    Courtesy of California Pizza Kitchen

    California Pizza Kitchen mulling sale or IPO, Bloomberg reports

    The casual chain's annualized earnings for June are expected to be more than $10 million higher than they were before the pandemic, per Bloomberg.

    By July 26, 2021
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    Permission granted by Bakers Square
    Deep Dive

    Why restaurant M&A activity is spiking after pandemic lull

    As diner demand helps restaurant sales recover, buyers are jumping back into the game amid low interest rates and as financing becomes more widely available.

    By July 21, 2021
  • J. Alexander's Holdings sold to SPB Hospitality for $220M

    The deal between the upscale dining chain and the parent company of Logan's Roadhouse and Gordon Biersch Brewery Restaurant is expected to close in Q4 2021.

    By July 2, 2021
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    Courtesy of Fiesta Restaurant Group

    Jack in the Box franchisee to buy Taco Cabana for $85M

    Fiesta Restaurant Group sold the brand to YTC Enterprises, an affiliate of Yadav Enterprises. The sale leaves Fiesta with just Pollo Tropical in its portfolio. 

    By July 1, 2021
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    Darren McCollester via Getty Images

    Au Bon Pain sold to Yum Brands franchisee

    The café chain's parent company had planned to sunset the brand, Ampex Brands' CEO said, but Ampex is now looking to expand it beyond the 171 locations it acquires in this deal.

    By June 30, 2021
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    "The image" by Willis Lam is licensed under CC BY-SA 2.0

    Fat Brands to acquire Global Franchise Group for $442.5M

    The company is adding five QSR brands, including Great American Cookies and Round Table Pizza, to its portfolio less than a year after buying Johnny Rockets. 

    By Updated June 28, 2021