Mergers and Acquisitions
MTY Food Group Acquires Wetzel’s Pretzels for $207M
MTY Food Group says the acquisition adds a well-established category leader to its portfolio of restaurant brands and further expands its geographic footprint in the U.S.
Webb Foodservice Design Acquires Dieli Murawka Howe
The transaction allows Webb Foodservice Design to expand its K-12 and healthcare divisions.
Former Texas Roadhouse COO Acquires Chicken Concept Tumble 22
Former Texas Roadhouse COO Doug Thompson and the private equity firms BRS and Co. and Rosser Capital Partners have partnered to acquire the Texas-based, full-service hot chicken restaurant concept Tumble 22.
C&T Design Acquires JME Hospitality
JME Hospitality Marketing will now operate as JME Design, a division of C&T Design and Equipment Co.
Savory Fund Takes Majority Stake in The Sicilian Butcher
The private equity firm aims to expand the three-unit concept by opening nearly 20 locations in the next four years.
Tech24 Grows Market Share in NYC With Acquisition of Tek Express
Tech24 says the acquisition will benefit new and existing customers through expanded services and efficiencies and “adds meaningful scale” in New York City.
Hatco Acquires American Range, Expanding Product Offerings
Hatco Corp. acquired American Range, a manufacturer of commercial and residential cooking appliances, on Sept. 30.
Tech24 Continues Acquisition Streak With 1st Source
HCI Equity Partners-backed Tech24 is continuing its acquisition streak, this time picking up 1st Source Restaurant Services.
Levy Acquires Minority Stake in Boka Restaurant Group
Chicago-based Levy and Boka Restaurant Group are joining forces as Levy takes a minority stake in the multiconcept restaurant group.
Salad Collective Acquires 27-Unit Tokyo Joe’s
The 27-unit Japanese-Asian fast-casual brand now falls under the Salad Collective umbrella, joining Mad Greens and Snappy Salads, which merged in 2019.
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