M&A: Page 12


  • Goldbelly grows footprint with FoodyDirect acquisition

    The deal brings more than 165 new merchants into Goldbelly’s online marketplace, which already included more than 300 shops. 

    By Alicia Kelso • Dec. 10, 2018
  • Will activist pressure force a Del Frisco's sale?

    Following investor pressure, the restaurant group is now looking into new strategies, which could include a sale. 

    By Alicia Kelso • Updated Dec. 21, 2018
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    Trendline

    Restaurant Financing

    With ongoing macroeconomic pressures facing restaurants, operators are entering into alternative financing, mergers and acquisitions and even bankruptcy to sustain their businesses. 

    By Restaurant Dive staff
  • Flynn Restaurant Group becomes largest franchisee with Arby's buy

    With the acquisition of U.S. Beef Corp., Flynn becomes a $2.3 billion company with more than 1,200 restaurants in its portfolio, from Taco Bell to Applebee's. 

    By Alicia Kelso • Dec. 6, 2018
  • Boston-based food lab to reopen Pilotworks

    Chew, a food lab company, will reopen the incubator space Pilotworks as The Nursery, a similar shared kitchen business with a food technology focus.

    By Kristine Sherred • Dec. 6, 2018
  • Fatburger owner adds Mediterranean chain to its menu

    FAT Brands gets in on the Mediterranean craze with its purchase of Yalla Mediterranean, bringing its total restaurants to over 300 globally. 

    By Dec. 5, 2018
  • Pizza Hut doubles down on digital ordering with QuikOrder acquisition

    The restaurant chain's latest move will allow it to build up its digital offerings as it struggles to compete with tech-centric Domino's. 

    By Dec. 5, 2018
  • Could a sale fix Jack in the Box's revenue, franchisee woes?

    The fast food chain announced Monday that it's exploring strategic alternatives and has been in talks with potential buyers, but hasn't set a timetable for completing its review. 

    By Alicia Kelso • Updated Dec. 17, 2018
  • Report: As major bidder backs out, Papa John's may have to recover on its own

    The Wall Street Journal reported Tuesday that Trian Fund Management has pulled itself out of acquisition talks, which sent the restaurant’s shares in a tailspin, and remaining bidders only want a slice of the chain. 

    By Alicia Kelso • Nov. 28, 2018
  • Waitr goes public following acquisition by Landcadia

    The 5-year-old company has focused on small and mid-sized markets in the southeast U.S., proving it still has plenty of room to grow even in a tightening delivery field.

    By Kristine Sherred • Nov. 19, 2018
  • Can a sale drive a Papa Murphy's turnaround?

    Following its third-quarter earnings report, Papa Murphy's hired North Point Advisors to "evaluate strategic alternatives," including a possible sale.  

    By Alicia Kelso • Nov. 9, 2018
  • Sonic president will lead the chain after Inspire deal closes

    Claudia San Pedro, a 12-year-veteran of the drive-in restaurant company, will join Inspire Brands' executive team when longtime Sonic CEO Cliff Hudson retires at the end of the year.

    By Kristine Sherred • Nov. 8, 2018
  • Papa Gino's parent company files for bankruptcy

    PGHC, which owns the New England favorite as well as D'Angelo Grilled Sandwiches, abruptly closed 95 stores and laid off 1,100 employees.

    By Kristine Sherred • Nov. 6, 2018
  • Chicken chain Bojangles' to go private for $594M

    The move could give the Charlotte-based company the leverage it needs to better compete with rivals like Chick-fil-A, KFC and Popeyes, and develop long-term growth initiatives.

    By Nov. 6, 2018
  • Private equity suitors reportedly wooing Papa John's

    Anonymous sources told Reuters that binding offers for the world's third-largest pizza chain are expected in the next few weeks. 

    By Alicia Kelso • Nov. 1, 2018
  • Parent company of Cinnabon, Jamba Juice considers IPO

    Fresh off its Jamba Juice acquisition news, Roark Capital is considering a $1 billion valuation next year for its quick-service restaurant portfolio Focus Brands, which will soon operate 6,000 locations around the world.

    By Kristine Sherred • Oct. 30, 2018
  • Big M&A deals dominate in 'otherwise underwhelming quarter,' report says

    CPG companies continue to aggressively pursue major deals this quarter, like Coca-Cola's acquisition of Costa Coffee and Nestlé's purchase of Starbucks products.

    By Lillianna Byington • Oct. 26, 2018
  • Bloomin' Brands comes under activist investor pressure

    Barington Capital Group is calling for the company to shed its smaller restaurant companies so that Outback Steakhouse can operate independently. 

    By Alicia Kelso • Oct. 23, 2018
  • Zöe's Kitchen slapped with class-action suit ahead of Cava merger

    The lawsuit claims the chain provided "incomplete and misleading" information regarding the deal, which will create the largest restaurant company in the Mediterranean category.   

    By Alicia Kelso • Oct. 8, 2018