M&A: Page 9


  • Inspire Brands acquires Jimmy John's

    The restaurant group will add its fourth company in its third transaction since its 2018 debut, making it one of the more active acquirers in the last few years. 

    By Sept. 25, 2019
  • Landry's buys Del Frisco's from L Catterton

    The private equity firm closed its deal for the restaurant group only to sell Del Frisco's Grille and Del Frisco's Double Eagle Steakhouse to Landry's. It will maintain ownership of Barcelona Wine Bar and bartaco. 

    By Sept. 25, 2019
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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
  • Huddle House buys Perkins for $51.5M

    This latest acquisition tops off a particularly active M&A environment for casual brands in 2019, driven by slow-to-grow sales trends. 

    By Sept. 13, 2019
  • McDonald's acquires AI tech company Apprente

    The chain will also form a global technology team, McD Tech Labs, which will help further support its future innovations. 

    By Sept. 10, 2019
  • Bloomin' Brands faces more activist pressure to break itself up

    Hedge fund Jana Partners is asking the casual dining operator to sell itself entirely or divest brands that aren't Outback Steakhouse.

    By Alicia Kelso • Sept. 4, 2019
  • 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 Aug. 21, 2019
  • 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 Aug. 13, 2019
  • Opinion

    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
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    DoorDash
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    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 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 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
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    delivery.com
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    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 July 31, 2019
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    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 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 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 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 June 24, 2019