PAR Technology concludes $206m acquisition of TASK Group
Restaurant technology company PAR Technology has completed the acquisition of Australia-based foodservice transaction platform TASK Group Holdings. The deal, initially…
22 Jul 2024
Grab acquires restaurant booking platform Chope in Singapore
Singapore-based food delivery and ride-hailing company Grab has announced the acquisition of the home-grown restaurant reservation platform Chope. Financial details of the deal have not been disclosed. The strategic move…
22 Jul 2024
Krispy Kreme divests majority stake in Insomnia Cookies
US-based doughnut chain Krispy Kreme has sold its majority ownership stake in Insomnia Cookies to investment companies Verlinvest and Mistral Equity Partners. The deal values the late-night bakery concept at…
17 Jul 2024
Botrista secures Series C funding to enhance AI beverage platform
Botrista, a US-based provider of automated beverage platforms, has successfully completed a Series C funding round, bringing its total funding to $120m. The Series C funding round was led by…
15 Jul 2024
South West Restaurants acquires Hub Box in pre-pack deal
Cornwall, UK-based burger chain Hub Box has been acquired in a pre-pack sale by South West Restaurants, ensuring the continuation of employment for 300 employees. Hub Box, which began its…
12 Jul 2024
Solina acquires Rich Sauces to expand in European market
Solina, a company which specialises in providing savoury food solutions, has acquired UK-based company Rich Sauces to expand its presence in the European foodservice sector. Financial specifics and other details…
11 Jul 2024
Elite Restaurant Group acquires Mod Pizza to prevent bankruptcy
Oregon, US-based Elite Restaurant Group has acquired Mod Pizza in a move that is set to prevent the fast-casual chain from filing for bankruptcy. The California-based restaurant group, through its affiliate,…