M&A: Page 11


  • 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 May 16, 2019
  • Shot of three business persons filling in paperwork in an office. Explore the Trendline
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    Violeta Stoimenova via Getty Images
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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
  • 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 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 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 April 11, 2019
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    Flickr
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    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 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 March 27, 2019
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    Courtesy of PRNewswire/McDonald's
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    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 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 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 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 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