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mergers

Emerging Brands

A pair of retail-restaurant hybrids join forces in Chicago

 By Joe Guszkowski on Nov. 27, 2023

Foxtrot Market and Dom's Kitchen & Market, which offer both freshly made meals and groceries, are merging to create Outfox Hospitality.

Leadership

Pinstripes names pair of execs as it rolls toward SPAC deal

 By Joe Guszkowski on Sep. 28, 2023

CFO Tony Querciagrossa and CMO Shannon Keller will help steer the bowling-and-food chain through its merger with Banyan Acquisition Corp.

Operations

Sister brands Tender Greens and Tocaya Modern Mexican are revving up for growth

By Lisa Jennings on Jan. 23, 2023

Combined under One Table Restaurant Brands in 2021, what have the two fast-casual brands been up to since then? Building stability, said CEO Harald Herrmann.

Technology

Tech supplier Presto reworks SPAC deal, lowers valuation

By Joe Guszkowski on Jul. 26, 2022

The company’s merger with Ventoux will now be funded with $100 million in private equity as the SPAC market slows.

Technology

Distribution startup Cheetah buys 3 Bay Area food suppliers

By Joe Guszkowski on Jul. 20, 2022

Palo Alto Foods, Joseph Martin Foods and Esteson will become part of the San Francisco distributor as it eyes nationwide expansion.

Technology

Black Box Intelligence acquires customer feedback provider AreTheyHappy

By Joe Guszkowski on May 10, 2022

The tool adds to the data company's existing guest satisfaction reporting for restaurants.

Financing

TGI Fridays to be acquired in a $380M deal

By Peter Romeo on Nov. 08, 2019

The transaction with Allegro Merger will once again make the granddaddy of the casual segment a public company.

Financing

Red Robin investor resubmits its purchase offer—this time, without rancor

By Peter Romeo on Jul. 18, 2019

Vintage Capital noted in its nonbinding bid that it is meeting with Red Robin’s leaders and hopes to keep the conversation “constructive.”

Financing

Bravo Brio rejects takeover bid from Romano's Macaroni Grill

By Peter Romeo on May 15, 2018

The two-concept Italian operation says its pending acquisition by a Swiss private-equity group is a better deal.

Operations

This week’s 5 head-spinning moments: Holiday surprises

By Peter Romeo on Dec. 01, 2017

Restaurants gave and received their share of aha's. Here's a sampling.

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