M&A: Page 9


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    Renee Hill
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    Coffee giants Jacobs Douwe Egberts, Peet's plan to merge and go public

    As the coffee space grows at a rapid clip, the market has room for increased competition and JDE Peet's would be well positioned to take significant share.

    By Alicia Kelso • Dec. 18, 2019
  • Delivery Hero to pay $4B for Korean food delivery provider

    The acquisition will give Delivery Hero a stronghold in South Korea, where the service is competitive, but still has a lot of room for growth. 

    By Dec. 13, 2019
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    Violeta Stoimenova via Getty Images
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    Trendline

    Restaurant 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
  • WeWork shutters restaurant coworking startup Spacious

    Spacious, which turns high-end restaurants into coworking spaces during off-peak times, will close at the end of the year, making it the latest casualty in WeWork’s failed IPO.

    By Alicia Kelso • Dec. 13, 2019
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    Chicken Salad Chick
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    Chicken Salad Chick bought by new private equity firm

    The chain grew system sales seven-fold under previous majority owner Eagle Merchant Partners, and plans to roll out 250 new stores in the next five years.

    By Lauren Manning • Dec. 9, 2019
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    Courtesy of PRNewswire/McDonald's
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    Dive Awards

    Deal of the Year: McDonald's acquires Dynamic Yield

    The world's largest fast food chain's $300 million purchase of an artificial intelligence company signaled the start of a technology-first age for restaurants.

    By Dec. 9, 2019
  • Apollo considers selling Qdoba for $550M

    The company's asking price is 80% higher than the $305 million it paid to buy the chain from Jack in the Box in 2018. 

    By Nov. 19, 2019
  • Landry's makes $40M offer for bankrupt Houlihan's

    Landry's made its third transaction within the last few months following its acquisition of two Del Frisco's concepts and its bid for Restaurants Unlimited. 

    By Nov. 14, 2019
  • TGI Fridays will no longer go public in wake of coronavirus

    The restaurant's planned $380 million sale to Allegro Merger Corp. was called off last week due to "extraordinary market conditions and the failure to meet necessary closing conditions," according to a regulatory filing. 

    By Nov. 8, 2019
  • Bloomin' Brands explores sale, other strategic alternatives

    Though it didn't provide a timeline for the review, CEO David Deno told investors that everything is on the table. 

    By Nov. 6, 2019
  • Cracker Barrel buys Maple Street Biscuit Company for $36M

    The casual dining chain will convert its fast casual Holler and Dash concept, which investors have called "an ill-conceived project destined to fail," to Maple Street concepts in the near future.

    By Oct. 11, 2019
  • Inspire Brands acquires Jimmy John's

    The restaurant group will add its fourth company in its third transaction since its 2018 debut, making it one of the more active acquirers in the last few years. 

    By Sept. 25, 2019
  • Landry's buys Del Frisco's from L Catterton

    The private equity firm closed its deal for the restaurant group only to sell Del Frisco's Grille and Del Frisco's Double Eagle Steakhouse to Landry's. It will maintain ownership of Barcelona Wine Bar and bartaco. 

    By Sept. 25, 2019
  • Huddle House buys Perkins for $51.5M

    This latest acquisition tops off a particularly active M&A environment for casual brands in 2019, driven by slow-to-grow sales trends. 

    By Sept. 13, 2019
  • McDonald's acquires AI tech company Apprente

    The chain will also form a global technology team, McD Tech Labs, which will help further support its future innovations. 

    By Sept. 10, 2019
  • Bloomin' Brands faces more activist pressure to break itself up

    Hedge fund Jana Partners is asking the casual dining operator to sell itself entirely or divest brands that aren't Outback Steakhouse.

    By Alicia Kelso • Sept. 4, 2019
  • WeWork enters restaurant space with Spacious acquisition

    Spacious turns high-end restaurants into coworking spaces during off-peak hours, and has converted dozens of New York and San Francisco restaurants since its launch in 2016. 

    By Alicia Kelso • Aug. 28, 2019
  • Does DoorDash's latest acquisition give it an edge in autonomous delivery?

    The delivery platform bought Scotty Labs, a startup developing autonomous and remote-controlled vehicle technology. Terms of the deal were not disclosed.

    By Aug. 21, 2019
  • Del Taco reportedly mulling a sale

    El Pollo Loco, Dine Brands Global, The Habit Restaurants and other chains and private equity firms have reportedly expressed interest in an acquisition.

    By Lauren Manning • Aug. 21, 2019
  • J. Alexander's considers sale as part of strategic review

    The company's board of directors is now considering a sale, merger or acquisition following several transactions within the upscale dining segment.

    By Aug. 13, 2019
  • Opinion

    What the dine-in sector can learn from the Just Eat merger

    In-restaurant mobile ordering hasn't yet reached the ubiquity of delivery, says Wi5 Chief Strategy Officer Gavin Peters, but restaurants who don't anticipate this shift will lose out to digital-first brands.

    By Gavin Peters • Aug. 6, 2019
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    DoorDash
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    DoorDash acquires Caviar for $410M

    This delivery leader's first rival acquisition will give it access to premium restaurants and new customers, and could help it prepare for a future IPO.

    By Aug. 1, 2019
  • Cheesecake Factory diversifies with $353M Fox Restaurant Concepts buy

    The deal brings 45 experience-focused restaurants into the casual giant's portfolio, which the company aims to use as an incubator for future concepts.

    By Aug. 1, 2019
  • Elite Restaurant Group adds cupcakes to its growing portfolio

    The restaurant operator acquired 68-unit Gigi's Cupcake chain seven months after the bakery filed for bankruptcy protection. 

    By Alicia Kelso • Aug. 1, 2019
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    delivery.com
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    Delivery.com expands footprint to over 1.8K cities with Mr. Delivery acquisition

    With consumer demand for delivery growing, especially outside of large metros, now is the ideal time to expand, says delivery.com CEO Jed Kleckner. 

    By July 31, 2019
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    Getty Images
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    Report: Amazon eyes India for its next food delivery venture

    The e-commerce giant is working with Indian investment firm Catamaran to launch a food delivery business in the market prior to the festive season in September, Reuters reports.

    By Alicia Kelso • July 30, 2019