WeWork enters restaurant space with Spacious acquisition

Spacious turns high-end restaurants into coworking spaces during off-peak hours, and has converted dozens of New York and San Francisco restaurants since its launch in 2016. 

By Alicia Kelso • Aug. 28, 2019

Does DoorDash's latest acquisition give it an edge in autonomous delivery?

The delivery platform bought Scotty Labs, a startup developing autonomous and remote-controlled vehicle technology. Terms of the deal were not disclosed.

By Emma Liem Beckett • Aug. 21, 2019

Explore the 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

Del Taco reportedly mulling a sale

El Pollo Loco, Dine Brands Global, The Habit Restaurants and other chains and private equity firms have reportedly expressed interest in an acquisition.

By Lauren Manning • Aug. 21, 2019

J. Alexander's considers sale as part of strategic review

The company's board of directors is now considering a sale, merger or acquisition following several transactions within the upscale dining segment.

By Julie Littman • Aug. 13, 2019

What the dine-in sector can learn from the Just Eat merger

In-restaurant mobile ordering hasn't yet reached the ubiquity of delivery, says Wi5 Chief Strategy Officer Gavin Peters, but restaurants who don't anticipate this shift will lose out to digital-first brands.

By Gavin Peters • Aug. 6, 2019

DoorDash acquires Caviar for $410M

This delivery leader's first rival acquisition will give it access to premium restaurants and new customers, and could help it prepare for a future IPO.

By Julie Littman • Aug. 1, 2019

Cheesecake Factory diversifies with $353M Fox Restaurant Concepts buy

The deal brings 45 experience-focused restaurants into the casual giant's portfolio, which the company aims to use as an incubator for future concepts.

By Emma Liem Beckett • Aug. 1, 2019

Elite Restaurant Group adds cupcakes to its growing portfolio

The restaurant operator acquired 68-unit Gigi's Cupcake chain seven months after the bakery filed for bankruptcy protection. 

By Alicia Kelso • Aug. 1, 2019

Delivery.com expands footprint to over 1.8K cities with Mr. Delivery acquisition

With consumer demand for delivery growing, especially outside of large metros, now is the ideal time to expand, says delivery.com CEO Jed Kleckner. 

By Julie Littman • July 31, 2019

Report: Amazon eyes India for its next food delivery venture

The e-commerce giant is working with Indian investment firm Catamaran to launch a food delivery business in the market prior to the festive season in September, Reuters reports.

By Alicia Kelso • July 30, 2019

Chuck E. Cheese staying private after failed merger

The eatertainment's parent company and Leo Holdings terminated their merger agreement on Monday, a move that will keep the chain from re-entering the public market. 

By Julie Littman • July 29, 2019

Takeaway.com, Just Eat agree to merger

The deal will create one of the largest European food delivery companies, processing 355 million orders and worth over $8 billion.

By Alicia Kelso • Updated Aug. 5, 2019

Jollibee pays $350M for Coffee Bean & Tea Leaf

Jollibee is a step closer to reaching its goal of becoming one of the five largest restaurant brands in the world, but not all of its investors are happy about the acquisition.

By Alicia Kelso • July 25, 2019

Red Robin's investor fight symptom of a changing Wall Street

The casual dining company is just one of many under the microscope of shareholders lately, and more will likely be next.

By Julie Littman • July 22, 2019

Private equity firm triples investment with Jack's Family Restaurants sale

Onex Group is in the process of selling the casual dining chain, reportedly receiving $835 million in proceeds from the transaction compared to its original investment of $234 million.

By Alicia Kelso • July 22, 2019

Cooper's Hawk confirms investment by Ares Management

Cooper's Hawk CEO Tim McEnery said the new investment from the private equity firm will help accelerate growth. 

By Alicia Kelso • Updated July 24, 2019

Brinker to acquire 116 franchised Chili's restaurants

The restaurant company plans to buy the stores, which generate $300 million in revenue per year, from Louisville, Kentucky-based ERJ Dining.

By Alicia Kelso • July 11, 2019

Sushi merger could mean additional kiosk growth in grocery stores

European sushi chain Yo! Sushi will pay $425 million for Houston-based Snowfox, which operates 700 store kiosks, primarily in supermarkets.

By Jennifer Sweeney • July 5, 2019

Hooters of America sold to 2 private equity firms

Nord Bay Capital and TriArtisan Capital, which just bought P.F. Chang's, are acquiring the chain as it continues to struggle with brand perception, sales declines and unit reduction. 

By Julie Littman • July 2, 2019

Del Frisco's sold to private equity firm for $650M

Following a strategic review, the restaurant group agreed to an acquisition by L Catterton, which plans to operate Del Frisco's Grille and Del Frisco's Double Eagle Steakhouse separately from bartaco and Barcelona Wine Bar. 

By Julie Littman • June 24, 2019

FAT Brands acquires Elevation Burger for $10M

With this latest transaction, FAT Brands grows to over 400 restaurants and annual systemwide sales of more than $400 million.

By Julie Littman • June 20, 2019

Activist investor wants to remove five Red Robin directors

Vintage Capital wants the casual dining chain to call a special investors meeting where the shareholder would propose to remove five directors from the board. 

By Alicia Kelso • Updated June 19, 2019

Sweetgreen buys meal delivery company in first-ever acquisition

The deal with Washington, D.C.-based Galley Foods will give the salad chain access to new logistics technology, production capacity and "unparalleled insight into delivery," sweetgreen CEO Jonathan Neman said. 

By Emma Liem Beckett • June 11, 2019

Perkins & Marie Callender's declares bankruptcy, will sell Perkins business

The casual dining firm entered into an asset purchase agreement with Perkins Group, a newly formed entity, for the sale of its Perkins' and Foxtail bakery businesses. Marie Callender's is still in talks with potential buyers and investors.

By Julie Littman • Updated Aug. 5, 2019

Pei Wei acquired by private equity firm

Centerbridge Partners sold the Asian fast-casual concept to PWD Acquisition for an undisclosed amount, just a few months after offloading sister brand P.F. Chang's.

By Emma Liem Beckett • June 5, 2019