acquisitions

By Jonathan Maze on Jul. 10, 2024

The market for restaurant mergers and acquisitions has been slow for more than two years. But that market is bifurcated, as good deals get done and opportunistic buyers snap up low-priced chains.

Financing

Why platform companies are buying so many small chains

By Jonathan Maze on Jul. 10, 2024

A Deeper Dive: Kelly Roddy, CEO of Saladworks owner Woworks, joins the podcast to talk about mergers and acquisitions and the advantages of platform companies.

Operations

MOD Pizza acquired by Elite Restaurant Group

By Lisa Jennings on Jul. 10, 2024

In a deal that aims to avoid bankruptcy, the Bellevue, Washington-based fast-casual pizza chain has agreed to sell 100% of its equity to a Southern California-based group that has owned brands like Slater's 50/50, Project Pie and Patxi's Pizza.

Premium

Financing

Wall Street flees the restaurant business

By Jonathan Maze on Jul. 01, 2024

The Bottom Line: It’s been a tough year for many restaurant chains so far in 2024, and stock prices reflect that difficulty.

Financing

Popeyes' parent is buying the brand's China operation

By Jonathan Maze on Jul. 01, 2024

Restaurant Brands International is also making a big investment in Tims China, which operates Tim Hortons in the fast-growing country.

Financing

Weak sales and delayed tax refunds push an Arby's franchisee into bankruptcy

By Jonathan Maze on Jun. 26, 2024

Miracle Restaurant Group, which operates 25 restaurants in Illinois, Indiana, Texas, Mississippi and Louisiana, sought Chapter 11 debt protection for the second time.

Financing