Mergers and Acquisitions
PT Holdings Group Acquires General Parts
PT Holdings, which includes the Parts Town brand, has picked up Minnesota-based General Parts.
Yadav Enterprises Affiliate Acquires Taco Cabana for $85M
Fiesta Restaurant Group announced the sale of its Taco Cabana brand to Yadav Enterprises for $85 million.
Ampex Brands Assumes Operations of Au Bon Pain
Yum! Brands Inc. and 7-Eleven franchisee Ampex Brands acquired bakery cafe chain Au Bon Pain from ABP Corporation.
FAT Brands to Purchase Global Franchise Group for $442.5M
FAT Brands today announced it will acquire Global Franchise Group for $442.5 million by the end of July.
Investment Group to Purchase Lee’s Famous Recipe
Famous Recipe Group sold Lee’s Famous Recipe to Artemis Land Partners-backed entity.
Fuddruckers’ Parent Company Agrees to $18.5M Sale of Burger Chain
Black Titan Franchise Systems—a newly formed affiliate of Fuddruckers franchisee Nicholas Perkins—will achieve master ownership of the Fuddruckers brand.
With 3 Acquisitions, Smart Care Augments Service Capabilities
St. Paul, Minn.-based Smart Care Equipment Solutions announces its acquisition of three fellow foodservice equipment service companies.
G.E.T. Enterprises Announces Acquisition of Cheforward
Cheforward, a manufacturer of dinnerware, displayware and tabletop accessories with an emphasis on melamine, has been acquired.
Updated: In Plot Twist, Ali Group Makes Play to Acquire Welbilt
Ali Group says its proposal to acquire Welbilt "is superior in every respect to Welbilt’s pending all-stock transaction with Middleby.”
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