US restaurant tech firm Chowly acquires guest experience platform Koala
Restaurant technology company Chowly has acquired the guest experience platform Koala for an undisclosed sum. Koala’s platform has been designed…
31 Jan 2023
TriSpan acquires stake in Mowgli Street Food Group
Global private equity firm TriSpan has acquired a significant stake in Mowgli Street Food Group, an Indian casual dining restaurant group in the UK. The deal was executed by TriSpan’s…
26 Jan 2023
McWin to acquire majority stake in German restaurant chain L’Osteria
Czech Republic-based private investment firm McWin, which has a focus on the foodservice and food technology sectors, has agreed to buy a majority stake in FR L’Osteria (L’Osteria), a casual…
16 Jan 2023
Singapore’s Orchestra PE to acquire KFC South Korea from KG Group
Singapore-based firm Orchestra Private Equity (PE) has agreed to acquire KFC South Korea from KG Group in a deal estimated to be between KRW60bn ($48.5m) and KRW70bn ($56.6m). The private…
12 Jan 2023
Fast-food restaurant franchise Subway to explore business sale
American multinational fast-food restaurant franchise Subway is reportedly weighing options to sell its business. The deal could value Subway at more than $10bn, according to the Wall Street Journal, which…
22 Dec 2022
Meritage to buy large portfolio of Wendy’s restaurant in Mid-West
Franchise operator Meritage Hospitality Group has entered into agreement to acquire a portfolio of Wendy’s restaurants located in the Mid-West. Meritage expects the acquisition to add around $65.0m in sales…
20 Dec 2022
Foodtastic agrees to acquire Freshii in $54.5m deal
Foodtastic has signed an agreement to acquire Canadian fast-casual restaurant franchise Freshii’s issued and outstanding shares for C$74.4m ($54.5m) on a fully diluted basis. Under the all-cash transaction, Foodtastic has…