Between bankruptcies, franchisor-franchisee transactions and private-equity deals, the restaurant industry saw a wave of deal making in 2010 well above 2009 levels.
Roark Capital Group has a restaurant conglomerate of nine brands with more than 2,400 U.S. locations and $1.78 billion in domestic systemwide sales, excluding its new majority position in Arby’s.
Long John Silver’s, A&W All-American Food and Arby’s were put up for sale last month, stoking speculation about potential buyers, the state of restaurant industry mergers and acquisitions, and the future of these chains.
Wendy’s has introduced four new “premium” salads as part of the hamburger chain’s menu overhaul, which focuses on more fresh foods and may soon include a slate of new breakfast items.