M&A: Page 11
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Whataburger sells majority stake to private equity firm
The family-owned burger chain, which is reportedly worth more than $6 billion, has sold a majority stake to BDT Capital while the Dobson family will retain minority ownership.
By Lauren Manning • Updated June 14, 2019 -
Jack in the Box is no longer exploring sale
The company is instead planning to implement a new capital structure that is expected to drive shareholder value.
By Julie Littman • May 16, 2019 -
Explore the Trendline➔
Violeta Stoimenova via Getty ImagesTrendlineRestaurant 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 -
Resy acquired by American Express
The credit card company's acquisition is part of an ongoing strategy to expand its digital-first benefits and services to its more than 100 million card members, and could help Resy better compete with OpenTable.
By Julie Littman • May 15, 2019 -
Booking Holdings acquires guest management platform Venga
The move lets OpenTable's restaurant clients create comprehensive diner profiles that include eating preferences and spend and order history.
By Emma Liem Beckett • May 6, 2019 -
Just Eat buys POS system Practi to lock down restaurant loyalty
The $8.7 million acquisition of the firm, which services independent restaurants and small chains, could strengthen Just Eat's restaurant portfolio.
By Alicia Kelso • April 17, 2019 -
Papa Murphy's acquired by MTY Food Group for $190M
The sale will give the take-and-bake pizza chain new capital investments that could help top line sales growth and increase franchisee profitability.
By Julie Littman • April 11, 2019 -
J. Alexander's strikes deal with activist investor
As part of the agreement with Ancora Advisors, the restaurant has appointed an additional board member, echoing similar agreements made by Red Robin and Bloomin' Brands with activist investors.
By Lauren Manning • Updated April 21, 2020 -
Chuck E. Cheese plans to go public after merger
The merger between Leo Holdings and Queso could position the chain to purchase other family concepts, CEC Entertainment CEO Tom Leverton hinted during a webcast.
By Julie Littman • April 8, 2019 -
ezCater acquires Monkey Group, growing its catering platform capabilities
The deal brings together two top catering tech firms, creating a more robust tool to support the growing off-premise segment.
By Julie Littman • March 27, 2019 -
McDonald's buys Dynamic Yield for $300M to improve drive-thru experience
The new technology will be used to roll out digital menu boards that can change depending on the weather, time of day and existing restaurant traffic, providing more personalization at the drive-thru.
By Julie Littman • March 26, 2019 -
Del Frisco's forges ahead on expansion plans despite significant traffic declines
The restaurant group plans to add 11 new bartaco locations by the end of 2020, and CEO Norman Abdallah is hopeful the brand's performance will boost Double Eagle and Del Frisco's Grille's business.
By Alicia Kelso • March 14, 2019 -
What JAB Holding's IPO plans mean for Starbucks
The company wants to take its Acorn coffee and beverages business, which includes Peet's Coffee and Stumptown Roasters, public in the next two years.
By Alicia Kelso • Feb. 26, 2019 -
Cheesecake Factory debuts Asian fast casual concept
The chain is pausing development on its RockSugar and Grand Lux Cafe concepts to focus on newly launched Social Monk, which marks the company's first venture outside casual dining.
By Alicia Kelso • Feb. 25, 2019 -
Lemonade and Modern Market Eatery form new restaurant group
The better-for-you chains will continue to operate independently under Modern Restaurant Concepts, a move that could help the brands scale their footprints.
By Emma Liem Beckett • Feb. 21, 2019 -
BJ's partners with DoorDash for 'Super Sick Monday'
The free delivery and video campaign was inspired by the 14 million people who reportedly call in sick to work the Monday after the Super Bowl.
By Erica Sweeney • Feb. 1, 2019 -
Just Eat buys software startup Flyt for $28.7M
The platform could help the U.K. delivery service, which just saw its CEO step down, reduce driver wait times and human error as market competition grows.
By Alicia Kelso • Jan. 23, 2019 -
Strong M&A restaurant activity expected this year
Brands like Jack in the Box, which have struggled to grow same-store sales in recent quarters, will be among the acquisition targets in 2019.
By Julie Littman • Jan. 22, 2019 -
Sun Holdings takes the lead on a Taco Bueno turnaround
The multi-unit franchise owner, which has a portfolio of over 800 restaurants across multiple brands, completes acquisition of the Tex-Mex chain.
By Alicia Kelso • Jan. 17, 2019 -
AmEx acquires Japanese restaurant reservation startup
The purchase of Pocket Concierge is the latest example of a credit card company leveraging diner preferences toward personalized experiences.
By Alicia Kelso • Jan. 16, 2019 -
Private equity firms buy P.F. Chang's for $700M
TriArtisan Capital Advisors and Paulson & Co. have agreed to buy the casual Chinese food chain from Centerbridge Partners.
By Julie Littman • Updated Jan. 11, 2019 -
Industry veteran tapped to drive Quiznos turnaround
Tim Casey has been named president and CEO of Rego Restaurant Group, a newly-formed company that includes Quiznos and Taco Del Mar.
By Alicia Kelso • Jan. 7, 2019 -
Peet's snags majority stake in Revive kombucha
After investing $7.5 million in 2017, the coffee chain took a bigger bite out of the craft kombucha brewer, which has grown 168% in the past year.
By Kristine Sherred • Dec. 21, 2018 -
Macaroni Grill considers more acquisitions after turnaround
Just a few months after the once-troubled Italian chain bought Sullivan's Steakhouse, it's now on the hunt for another brand it can add to its portfolio.
By Alicia Kelso • Dec. 19, 2018 -
Waitr grows footprint with $321M Bite Squad acquisition
The deal will stretch Waitr to mid-tier markets in the Midwest and beyond as M&A heats up the rapidly evolving food delivery industry.
By Kristine Sherred • Dec. 13, 2018 -
John Schnatter reignites debate about Papa John's fate
The chain’s founder and former CEO/chairman hired financial advisers to consider alternatives for increasing shareholder value, including a transaction.
By Alicia Kelso • Dec. 11, 2018