Delivery Hero signs agreement to acquire Glovo in Latin America
German delivery app Delivery Hero has signed an agreement to acquire on-demand delivery start-up Glovo’s operations in Latin America in…
09 Sep 2020
Japan’s Colowide increases stake in dining chain Ootoya
Japan-based fast food restaurant group Colowide has increased its stake in troubled dining chain Ootoya Holdings to 46.77% after a hostile takeover bid. Last month, the group, which runs a…
09 Sep 2020
LLCP acquires US fast casual franchise concept Tropical Smoothie Cafe
Private equity company Levine Leichtman Capital Partners (LLCP) has acquired US-based franchisor of fast casual cafes, Tropical Smoothie Cafe, in partnership with the management. Founded in 1997, Tropical Smoothie Cafe…
01 Sep 2020
Golden Gate to divest stake in Red Lobster Seafood
Private equity investment company Golden Gate Capital has agreed to divest its remaining equity stake in US-based casual dining restaurant chain Red Lobster Seafood to a consortium for an undisclosed…
19 Aug 2020
Woolworths to acquire stake in Australia’s PFD Food Services
Woolworths Group is set to acquire a 65% equity interest in Australia’s PFD Food Services, along with a 100% stake in its freehold properties for $552m. PFD’s freehold properties primarily…
14 Aug 2020
Fat Brands to acquire restaurant chain Johnny Rockets
Global franchising company FAT Brands has signed an agreement to acquire restaurant chain Johnny Rockets from private equity company Sun Capital Partners’ affiliate. With the $25m acquisition, the company aims…
12 Aug 2020
SpotOn Transact acquires reservation management company Seatninja
US-based software and payments company SpotOn Transact has acquired reservation management company Seatninja for an undisclosed sum. The acquisition is part of SpotOn’s efforts to support restaurants in adjusting and…