M&A: Page 8


  • Boston Market
    Image attribution tooltip
    "The Image" by Mike Mozart is licensed under CC BY 2.0
    Image attribution tooltip

    Sun Capital Partners sells Boston Market

    Engage Brands, one of Rohan Group of Companies, becomes the private owner of the long-troubled brand, which has grappled with store closures and stagnant sales for years. 

    By April 29, 2020
  • Flickr image of IHOP
    Image attribution tooltip
    "IHOP" by Mike Mozart is licensed under CC BY 2.0
    Image attribution tooltip

    Dine Brands investor wants to spin off IHOP

    Dine Brands' board of directors says that forcing the company into creating a separately traded entity would not be in the best interests of its shareholders.

    By April 3, 2020
  • Shot of three business persons filling in paperwork in an office. Explore the Trendline
    Image attribution tooltip
    VioletaStoimenova via Getty Images
    Image attribution tooltip
    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
  • Flickr image of Taco Bell
    Image attribution tooltip
    "Taco Bell" by Mike Mozart is licensed under CC BY 2.0
    Image attribution tooltip

    Yum acquires leadership development program

    The parent company of Pizza Hut and Taco Bell plans to offer Heartstyles, which provides hands-on training, to 98% of its restaurants.

    By March 4, 2020
  • Granite City Food & Brewery in National Harbor, Maryland
    Image attribution tooltip
    Julie Littman/Restaurant Dive
    Image attribution tooltip

    BBQ Holdings lands 1st acquisition with Granite City Food

    This deal is unlikely to be the last for Famous Dave's parent company as it pushes to become a multi-branded concept, mirroring recent moves by Inspire Brands, FAT Brands and Cracker Barrel. 

    By Feb. 14, 2020
  • Bloomin' Brands closer to divesting Outback Brazil

    The company has selected three bidders for its Outback operation in Brazil.

    By Alicia Kelso • Feb. 4, 2020
  • Image attribution tooltip
    DoorDash
    Image attribution tooltip

    Uber Eats, DoorDash reportedly considered merger in 2019

    The two largest delivery providers in the U.S. discussed combining operations around six months ago, following pressure from mutual investor SoftBank, but talks fell apart, according to the Financial Times. 

    By Jan. 31, 2020
  • British regulators investigate Just Eat, Takeaway.com merger

    The British Competition and Markets Authority is determining whether the $8 billion deal could stifle competition in the U.K. market.

    By Lauren Manning • Jan. 27, 2020
  • Chopt storefront
    Image attribution tooltip
    Chopt
    Image attribution tooltip

    Chopt buys Dos Toros, forms new holding company

    The brands will operate independently under newly formed Founders Table Restaurant Group, and will launch a shared loyalty program.

    By Jan. 24, 2020
  • Uber sells India food delivery business to local competitor

    The company sold Uber Eats India to Zomato as part of its strategy to leave regions where management doesn't think it can be a top player in the space. 

    By Jan. 21, 2020
  • Macaroni Grill eyes 2nd acquisition

    The once-struggling company hopes to close on another purchase in Q1, one that could bring it halfway to its goal of becoming a $1 billion business, said CEO Nishant Machado.  

    By Jan. 15, 2020
  • An image of a building with glass and a yellow sign that says Fatburger next to an image on orange buffalo
    Image attribution tooltip
    Permission granted by Fat Brants
    Image attribution tooltip

    FAT Brands CEO: Chain plans to close an acquisition in Q1, with more in the works

    With new funding, the company is poised to buy larger brands as part of its two-pronged strategy to grow organically and through acquisitions, Andy Wiederhorn told Restaurant Dive at the ICR Conference.

    By Jan. 14, 2020
  • Grubhub says it's not for sale

    Contradicting The Wall Street Journal's report, the company said,"there is unequivocally no process in place to sell the company," but that it's exploring acquisition opportunities.

    By Updated Jan. 10, 2020
  • Yum Brands acquires Habit Burger for $375M

    The deal, which is expected to close by the end of Q2 2020, is Yum's first restaurant acquisition since it went public more than 20 years ago.

    By Jan. 6, 2020
  • 10 of the most impactful restaurant acquisitions of 2019

    Restaurants and private equity continued to be active buyers this year as restaurant leaders explored ways to grow amid labor and declining traffic pressures.

    By Dec. 20, 2019
  • Image attribution tooltip
    Industry Dive/Julie Littman
    Image attribution tooltip

    Private equity firm acquires 117 Pizza Hut restaurants

    Triton Pacific's purchase comes after the pizza chain made plans to restructure its business to address high debt levels and lack of access to capital.

    By Alicia Kelso • Dec. 19, 2019
  • Image attribution tooltip
    Renee Hill
    Image attribution tooltip

    Coffee giants Jacobs Douwe Egberts, Peet's plan to merge and go public

    As the coffee space grows at a rapid clip, the market has room for increased competition and JDE Peet's would be well positioned to take significant share.

    By Alicia Kelso • Dec. 18, 2019
  • Delivery Hero to pay $4B for Korean food delivery provider

    The acquisition will give Delivery Hero a stronghold in South Korea, where the service is competitive, but still has a lot of room for growth. 

    By Dec. 13, 2019
  • WeWork shutters restaurant coworking startup Spacious

    Spacious, which turns high-end restaurants into coworking spaces during off-peak times, will close at the end of the year, making it the latest casualty in WeWork’s failed IPO.

    By Alicia Kelso • Dec. 13, 2019
  • Image attribution tooltip
    Chicken Salad Chick
    Image attribution tooltip

    Chicken Salad Chick bought by new private equity firm

    The chain grew system sales seven-fold under previous majority owner Eagle Merchant Partners, and plans to roll out 250 new stores in the next five years.

    By Lauren Manning • Dec. 9, 2019
  • Image attribution tooltip
    Courtesy of PRNewswire/McDonald's
    Image attribution tooltip
    Dive Awards

    Deal of the Year: McDonald's acquires Dynamic Yield

    The world's largest fast food chain's $300 million purchase of an artificial intelligence company signaled the start of a technology-first age for restaurants.

    By Dec. 9, 2019
  • Apollo considers selling Qdoba for $550M

    The company's asking price is 80% higher than the $305 million it paid to buy the chain from Jack in the Box in 2018. 

    By Nov. 19, 2019
  • Landry's makes $40M offer for bankrupt Houlihan's

    Landry's made its third transaction within the last few months following its acquisition of two Del Frisco's concepts and its bid for Restaurants Unlimited. 

    By Nov. 14, 2019
  • TGI Fridays will no longer go public in wake of coronavirus

    The restaurant's planned $380 million sale to Allegro Merger Corp. was called off last week due to "extraordinary market conditions and the failure to meet necessary closing conditions," according to a regulatory filing. 

    By Nov. 8, 2019
  • Bloomin' Brands explores sale, other strategic alternatives

    Though it didn't provide a timeline for the review, CEO David Deno told investors that everything is on the table. 

    By Nov. 6, 2019
  • Cracker Barrel buys Maple Street Biscuit Company for $36M

    The casual dining chain will convert its fast casual Holler and Dash concept, which investors have called "an ill-conceived project destined to fail," to Maple Street concepts in the near future.

    By Oct. 11, 2019