Deal News
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…
Restaurant365 acquires training platform ExpandShare
Enterprise management solutions provider Restaurant365 has acquired ExpandShare, a learning management system provider specialising in the restaurant industry. Financial terms…
Kiosk solutions provider Bite secures $9m in Series A round
Bite, a provider of kiosk solutions for the foodservice industry, has raised $9m in its Series A funding round. The…
Blackstone in talks to acquire US sandwich chain Jersey Mike’s
American investment company Blackstone has entered discussions to acquire the Jersey Mike's sandwich chain, the Wall Street Journal (WSJ) has…
QuattroR acquires 50% stake in Italian coffee brand Massimo Zanetti
Private equity company QuattroR has purchased a 50% stake in Italian coffee brand the Massimo Zanetti Beverage (MZB) Group. …
Majestic Wine acquires Vagabond bar chain from administration
UK-based wine retailer Majestic Wine has secured the future of nine Vagabond wine bars by acquiring the chain from administration.…
Lucky Securities acquires 17.2% stake in India’s Jumboking Foods
Investor Ashish Kacholia's Lucky Securities has acquired a 17.2% stake in Jumboking Foods, a leading Indian quick-service restaurant (QSR) chain,…