acquisitions

Tech supplier PAR acquires TASK and Stuzo for $400M

By Joe Guszkowski on Mar. 11, 2024

The two deals will help the restaurant POS provider expand globally and in convenience stores.

Fatburger owner Fat Brands wants to buy more chains, but only at its price

By Jonathan Maze on Mar. 07, 2024

The owner of Twin Peaks, Fazoli’s and a bunch of other fast-food chains is on the lookout for other concepts, but it won’t pay too much for them.

Financing

Red Robin sells 10 restaurants for $24M in sale-leaseback deal

By Joe Guszkowski on Mar. 04, 2024

It’s the third such deal over the past year for the chain, which will use the proceeds to pay down debt.

Financing

Red Lobster's owner 'not expecting much' from sale

By Joe Guszkowski on Feb. 20, 2024

The struggling seafood chain lost more than $22 million last year, said Thai Union Group, which is looking to offload the brand.

Financing

Inspire Brands is apparently considering an IPO

By Jonathan Maze on Feb. 15, 2024

The owner of Dunkin' and Arby's is in the early stages of discussions on an initial public offering that could value the company at $20 billion, according to Bloomberg.

Financing

Inspire Brands acquires delivery management company Vromo

By Joe Guszkowski on Feb. 13, 2024

The owner of Dunkin’, Arby’s and other brands said Vromo’s technology would help it make delivery more profitable.

Financing

An activist investor is pushing BJ's to sell itself

By Joe Guszkowski on Feb. 13, 2024

Pleasant Lake Partners said the chain is underperforming but would make an attractive acquisition target.

Financing

Savory Fund backs smoothie, acai bowl concept South Block

By Heather Lalley on Jan. 31, 2024

The majority stake marks the 12th restaurant investment for the Utah-based private-equity firm and the first in its $200 million Savory Fund III portfolio.

Technology