Rackson Restaurants secures investment from City Capital Ventures
New Jersey-based Burger King and Popeyes Franchisee Rackson Restaurants has secured a majority investment from City Capital Ventures (CCV), a…
20 Jan 2021
Amici Partners Group buys US restaurant chain Friendly’s Restaurants
Amici Partners Group, an entity comprised of restaurant investors and operators focused on casual-dining chains, has acquired restaurant chain Friendly's Restaurants. The deal covers Friendly’s 130 corporate-owned and franchised restaurant…
18 Jan 2021
Food delivery start-up Deliveroo raises $180m at $7bn valuation
UK-based food delivery company Deliveroo has raised $180m in a Series H funding round, taking the company’s total valuation to more than $7bn. The financing round was joined by the…
15 Jan 2021
Perfect Company raises funds for foodservice technology solutions
Restaurant technology provider Perfect Company has raised $6m through its Series A funding round to expand its offerings for the foodservice industry. The financing was led by Oxbridge Capital Partners…
08 Jan 2021
NPC agrees to sell restaurants to Wendy’s and Flynn Restaurant Group
The bankrupt Wendy’s and Pizza Hut franchisee NPC International has agreed to sell its restaurants to Flynn Restaurant Group and Wendy’s International in separate deals. According to the agreement, Flynn…
07 Jan 2021
Peak Rock Capital’s affiliate acquires franchisor Shipley Do-Nuts
An affiliate of US-based investment firm Peak Rock Capital has concluded the acquisition of Shipley Franchise Company and Shipley Do-nut Flour & Supply Co. The financial terms of the deal…
05 Jan 2021
Capriotti’s Sandwich Shop to acquire chicken wing chain Wing Zone
US-based restaurant chain Capriotti's Sandwich Shop is set to purchase a fast-casual brand Wing Zone, which serves made-to-order chicken wings. Founded in 1993 by Matt Friedman and Adam Scott, WingZone…