FIC Restaurants, the US-based restaurant company that operates family restaurant chain Friendly’s Restaurants, has agreed to offload substantially all of its assets to Amici Partners Group. Amici Partners Group is said to be made up of experienced restaurant investors and operators who have been engaged with some well-known quick service restaurants and casual dining chains […]
Inspire Brands acquisition of Dunkin’ Brands : Inspire Brands (formerly Arby’s Restaurant Group), a US-based multi-brand restaurant company, has agreed to acquire Dunkin’ Brands Group, the owner of quick-service restaurants Dunkin’ and Baskin-Robbins, for nearly $11.3 billion including the assumption of debt. As per the terms of the deal, Inspire Brands will acquire Dunkin’ Brands […]
Brentwood Associates, a California-based private equity firm, has acquired a majority stake in SSRG Holdings, the holding company of US chicken restaurant chain Chicken Salad Chick, from Eagle Merchant Partners. The terms of the acquisition were not disclosed. Currently, Chicken Salad Chick operates 137 chicken restaurants in 16 states across the US, with a presence […]
Restaurant acquisition news : Chicago investment firm BDT Capital Partners, through its affiliated funds, has agreed to acquire a majority stake in Texan fast food restaurant chain Whataburger for an undisclosed price. Whataburger, which was founded in 1950 as a roadside burger stand in Corpus Christi, has expanded over the years to have nearly 830 […]
Restaurant acquisition news : Chicken Salad Chick, a US fast casual chicken salad restaurant chain, has acquired 11 existing restaurants in Georgia from Origin Development Group, the brand’s largest franchise owner. Origin Development Group, which was founded by Darren DeVore and Lauren Fernandez, has presence across Atlanta, Augusta and Athens. The duo of Darren DeVore […]
Restaurant acquisition news : Mediterranean restaurant chain CAVA Group has agreed to acquire Texas-based rival fast casual restaurant chain Zoe’s Kitchen for about $300 million. CAVA acquisition of Zoe’s Kitchen will result in an enlarged restaurant chain which will have a total of 327 restaurants located across 24 US states. While Zoe’s Kitchen is the […]