Firebirds Wood Fired Grill acquired by J.H. Whitney Capital Partners
The 48-unit casual restaurant was acquired for an undisclosed amount in January.
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Carrols acquires 221 Burger King, Popeyes units
Lemonade and Modern Market Eatery merge to form fast-casual company
Modern Restaurant Concepts announced plans to scale the health-focused concepts in February.
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Voltaggio bros’ STRFSH acquired for expansion
Papa Murphy’s and MTY Food Group announced Merger
D.P. Dough Calzone franchise acquired by Calios
Resy was acquired by American Express
The acquisition came amid consolidations and mergers in reservation platforms in May.
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Pei Wei Asian Kitchen acquired by PWD Acquisition
Centerbridge sold the brand to the owner of Pick Up Stix and Leeann Chin in June.
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MTY acquired Yuzu Sushi in June
FAT Brands bought Elevation Burger for $10M
Del Frisco's acquired by L Catterton
Nord Bay, TriArtisan acquired Hooters
The selling investors retained their stake in breastaurant brand during the July transaction.
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Performance Food Group acquired Reinhart Foodservice
HotSchedules and Fourth merge
The July consolidation marked amother move in the maturing restaurant tech sector.
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Cooper's Hawk sold to Ares Management
Cracker Barrel invests $140M in Punch Bowl Social
The family-dining brand acquired a stake from the private-equity firm L Catterton in July.
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Jollibee-led group bought Coffee Bean & Tea Leaf
Cheesecake Factory acquired Fox Restaurants in $353M deal
DoorDash acquired delivery platform Caviar for $410M
The acquisition was set to be finalized in late 2019 but went through in August.
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STK parent agreed to buy Kona in $25M bankruptcy court deal
One Group Hospitality made an offer after an earlier Williston bid fell through in September.
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Evergreens and Garden Bar merged
McDonald’s Corp. bought conversational AI startup Apprente
The September deal included the introduction of automated voice assistants in drive-thru lanes, followed by kiosks, mobile devices.
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US Foods approved to acquire SGA’s Food Group of companies
Huddle House agreed to buy Perkins
Inspire acquired Jimmy John’s
The company added to their restaurant concepts which include Arby’s, Sonic and Buffalo Wild Wings in September.
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Landry’s bought Del Frisco’s Grille and Double Eagle Steakhouse
L Catterton completed the acquisition of Del Frisco’s Restaurant Group in September.
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WKS bought 94 Denny’s restaurants from QK Holdings
MAD Greens and Snappy Salads merged
Concepts remained separate under ‘Salad Collective’ umbrella as part of the October deal.
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One Group acquired Kona Grill
The STK parent bought the brand for $25M in cash and $11M debt in the bankruptcy court deal in October.
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Cracker Barrel bought Maple Street for $36M
The chain plans to convert Holler & Dash units to Maple Street banner after this October deal.
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Brentwood bought the majority stake in Chicken Salad Chick parent
The private-equity firm bought interest from Eagle Merchant Partners in November.
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TGI Fridays agreed to a deal to take it public
The merger with Allegro Merger Corp. is scheduled to close in 1st quarter 2020.
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JAB Holding to combine Jacobs Douwe Egberts and Peet’s Coffee
In December, JAB Holding combined international coffee company JDE (Maxwell House, Chat Noir) with Peet’s Coffee to form JDE Peet’s.
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