Finances and Deals: Page 12
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Shake Shack borrows $225M to support expansion plans
The funding will be used to aid opening additional units, new store formats and drive-thrus, as well as improvements to the digital guest experience and further investments in talent development.
By Julie Littman • March 2, 2021 -
Retrieved from Olo/Business Wire on February 22, 2021
Olo files to go public with $100M offering
The software company posted a 94% increase in revenue during 2020 as customers shifted toward digital ordering channels during the pandemic.
By Julie Littman • Feb. 23, 2021 -
Explore the Trendline➔
Violeta Stoimenova via Getty Images
TrendlineRestaurant Financing
With ongoing macroeconomic pressures facing restaurants, operators are entering into alternative financing, mergers and acquisitions and even bankruptcy to sustain their businesses.
By Restaurant Dive staff -
Courtesy of Toast Inc.
Toast considering IPO valued at $20B, WSJ reports
The software company, which processed 50 million digital guest orders in 2020, is also exploring a sale or merger with a special purpose acquisition corporation, per the publication.
By Julie Littman • Feb. 22, 2021 -
"Danny Meyer: Whoever Wrote the Rule" by Produce Marketing Association is licensed under CC BY-ND 2.0
Danny Meyer's SPAC seeks $250M in IPO
USHG Acquisition Corp. isn't interested in just restaurant companies, listing businesses from tech to e-commerce and health to retail for potential mergers.
By Emma Liem Beckett • Feb. 8, 2021
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