acquisitions

Burger King franchisee Sun Holdings acquires Freebirds World Burrito

By Jonathan Maze on Aug. 19, 2024

The Austin, Texas-based fast-casual chain has been sold to the owner of Taco Bueno and franchisee of hundreds of restaurants such as Arby’s, Applebee’s, IHOP and Golden Corral.

Financing

Flynn Group acquires 83 more Wendy's units

By Lisa Jennings on Aug. 15, 2024

With the addition of these restaurants in New Jersey and Pennsylvania, Flynn Group now operates 277 Wendy's units amid its 2,800-restaurant multi-brand portfolio.

Financing

Topgolf, suddenly struggling, could be spun off

By Jonathan Maze on Aug. 12, 2024

Parent company Topgolf Callaway Brands is conducting a strategic review of the golf-focused restaurant concept to either reverse its sales decline or spin it off.

Financing

TGI Fridays' acquisition by Hostmore is suddenly in question

By Joe Guszkowski on Aug. 08, 2024

U.K.-based Hostmore said this week that the deal has been delayed as the two sides work to sell their corporate TGI Fridays and go fully franchised.

Financing

Here are the companies that have filed for bankruptcy this year

By Jonathan Maze on Aug. 07, 2024

Sixteen restaurant chains, operating companies or large franchisees have filed for bankruptcy so far in 2024.

Financing

Why private equity likes restaurant franchisees

By Jonathan Maze on Jul. 31, 2024

A Deeper Dive: Mike Esposito, the cofounder of Franchise Equity Partners, joins the podcast to talk about the state of restaurants and whether he’s buying right now.

Financing

Owner of Logan's Roadhouse acquires 2 Jose Garces concepts

By Joe Guszkowski on Jul. 31, 2024

Amada and Village Whiskey will join SPB Hospitality’s portfolio of more than a dozen brands. The group will also partner with Garces to develop new concepts.

Financing