Deal News
Blackstone brokers deal to acquire Tropical Smoothie Cafe
Blackstone has entered a definitive agreement to acquire Tropical Smoothie Cafe, a franchisor of fast-casual restaurants, from Levine Leichtman Capital…
Lavazza to buy additional 28.36% stake in IVS Group for €185m
Italian coffee company Lavazza is set to increase its ownership in IVS Group, a vending machine operator in Italy, by…
Flynn Group acquires 26 Applebee’s restaurants in US
Flynn Group has concluded the acquisition of 26 Applebee’s restaurants across Florida and Georgia, US, from Applebee’s franchisee Doherty Enterprises.…
Tijuana Flats acquired by Flatheads, files for Chapter 11 bankruptcy
Tijuana Flats, a fast-casual restaurant chain based in Maitland, Florida, US, has announced its acquisition by Flatheads following the closure…
Heritage Restaurant Group to acquire Brick Alley Pub in Rhode Island
Heritage Restaurant Group has entered an agreement to acquire Brick Alley Pub, a US-based restaurant that has been present in…
LSI acquires EMI Industries to expand food service equipment business
Lighting and retail display manufacturer LSI Industries has acquired EMI Industries for a cash price of $50m to expand its…
TGI Fridays to merge with UK franchisee Hostmore in $220m deal
TGI Fridays has agreed to an all-share acquisition by its UK-based hospitality business Hostmore. The £177m ($220m) transaction will be…
Guernsey Holdings acquires 20 Zaxby’s restaurants in South Carolina, US
Guernsey Holdings, a US-based restaurant franchisee that owns and operates a wide portfolio of franchised businesses, has announced the acquisition…
First Watch buys 21 franchise-owned restaurants in North Carolina, US
First Watch Restaurant Group has concluded the previously announced acquisition of 21 franchise-owned restaurants and their development rights in North…
India’s Ghost Kitchens acquires cloud kitchen company Shy Tiger Brands
Ghost Kitchens, a cloud kitchen startup in India, has acquired Ahmedabad-based cloud kitchen company Shy Tiger Brands, marking its foray…
