May 20, 2012
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Your Food Franchise Mergers & Acquisition News SourceFranchise News Watch brings you the latest in food franchising mergers & acquisition news from around the web. As a news aggregator for the food franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop.  Food Franchise Mergers & Acquisition NewsBURGER KING® Franchisee Guillermo Perales Acquires 96 Restaurants in Central Florida; Becomes Largest Minority Franchisee in the U.S.Burger King Corp. (BKC) today announced the refranchising of 96 company-owned BURGER KING® restaurants in the Orlando/Daytona market to Magic Burgers, LLC, a subsidiary of Sun Holdings, LLC and wholly-owned and operated by long-time franchisee... Papa John's Announces Acquisition of Denver and Minneapolis Franchised RestaurantsPapa John's International, Inc. (NASDAQ: PZZA) today announced the acquisition of 56 franchised Papa John's restaurants in the Denver and Minneapolis markets. Dippin’ Dots Signs Agreement to be Acquired by Oklahoma FirmDippin' Dots, LLC, a newly formed company based in Oklahoma and funded by private capital, has agreed to acquire Paducah, Kentucky-based Dippin’ Dots, Inc. A motion to approve the proposed sale was filed today in the U.S. Bankruptcy Court in... DineEquity, Inc. Announces the Sale of 39 Applebee’s Company-Operated Restaurants in Virginia to Potomac Family Dining Group, LLCDineEquity, Inc. (NYSE: DIN), today announced that it has entered into an asset purchase agreement with Potomac Family Dining Group, LLC for the sale of 39 Applebee's company-operated restaurants located in Virginia.
Triarc and Wendy's Complete Merger TransactionTriarc Companies, Inc. (NYSE: TRY; TRY.B), the parent company of Arby's Restaurant Group, Inc., which is the franchisor of the Arby's(R) restaurant system, and Wendy's International, Inc. (NYSE: WEN), announced today that they have completed their...
Jamba, Inc. Announces Acceleration of Consumer Products Growth Platform To Expand Distribution of Jamba All-Natural Energy DrinksJamba, Inc. (NASDAQ:JMBA) announced it plans to expand the distribution and retail outlets of Jamba All-Natural Energy Drinks beyond the current Northeastern market as part of its strategic goal to accelerate its consumer products platform. Founder of Applebee's Neighborhood Grill & Bar Sells 40 Locations to Affiliate of IHOP's Largest Franchisee; Will Serve as CEO of Acquiring OrganizationDineEquity, Inc. (NYSE: DIN), parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced that existing Applebee's franchisee, Neighborhood Restaurant Partners, LLC, an affiliate of IHOP's largest franchisee, has purchased. Acquisition of Buffalo's Cafe Restaurant Chain by Fog Cutter Capital Group Inc's Franchise Development SubsidiaryFog Cutter Capital Group Inc's franchise development subsidiary has acquired Buffalo's Caf
Murphy Adams Restaurant Group Purchases Mama Fu's Asian House Brand in U.S. and MexicoMama Fu's Noodle House announces today that it has sold its Mama Fu's Asian House brand in the United States and Mexico for an undisclosed amount to Austin, Texas-based Murphy Adams Restaurant Group, currently the largest franchisee of Mama Fu's. Phil Friedman Completes Acquisition Of The Salsarita's Fresh Cantina Quick Casual Mexican Restaurant ChainIndustry veteran Phil Friedman has acquired the Salsarita's Fresh Cantina quick casual Mexican restaurant chain. Salsarita's will be owned by Salsarita's Holdings, LLC, a company formed and controlled by Friedman, who serves as CEO. Larry Reinstein will j IHOP Corp. Successfully Completes the Acquisition of Applebee's International, Inc.IHOP Corp. (NYSE: IHP) today announced that it successfully completed the acquisition of Applebee's International, Inc. for $25.50 per share in cash, representing a total transaction value of approximately $2.1 billion. With more than 3,250 restaurants... The Steak n Shake Company and Western Sizzlin Corporation Sign Merger AgreementThe Steak n Shake Company ("SNS") (NYSE: SNS), and Western Sizzlin Corporation ("Western") (Nasdaq: WEST), today jointly announced that they had executed an agreement for a wholly-owned subsidiary of Steak n Shake to merge with and into Western. Shane's Rib Shack and Planet Smoothie Acquired by Management and Edmonds Capital, LLCEdmonds Capital, LLC announces today that it is teaming with the management teams of Shane's Rib Shack, a national rib shack and barbecue concept founded by Shane Thompson in 2002, and Planet Smoothie, a national smoothie concept founded by Martin... Triarc and Wendy's Shareholders Approve MergerTriarc Companies, Inc. (NYSE: TRY; TRY.B), the parent company of Arby's Restaurant Group, Inc. which is the franchisor of the Arby's(R) restaurant system, and Wendy's International, Inc. (NYSE: WEN), announced today that their respective shareholders... NexCen Brands, Inc. and the Camuto Group Announce the Acquisition of The Shoe Box, Inc. Trademarks and a Partnership Plan to Franchise Stores WorldwidNexCen Brands, Inc. ("NexCen") (NASDAQ: NEXC) announced today that it has closed on the acquisition of the trademarks and other intellectual property of The Shoe Box, Inc. in partnership with the Camuto Group. NexCen Brands Acquires The Great American Cookie Company® From Mrs. Fields Famous BrandsNexCen Brands, Inc. (Nasdaq: NEXC) ("NexCen") announced today that it has acquired the Great American Cookie Company ("Great American Cookies") from Mrs. Fields Famous Brands, LLC ("Mrs. Fields"). Unique Pizza and Subs Announces it has Signed a LOI to Purchase Pizza FusionUnique Pizza and Subs Corporation (OTC Markets Groups Inc.: OTC Pink: UPZS) a Delaware Corporation, is pleased to announce it has signed a Letter Of Intent to Purchase, Boca Raton based, Pizza Fusion Holdings. Villa Enterprises Acquires 6 Luciano Brickoven Pizzeria StoresVilla Enterprises Management, one of the nation's fastest growing multi-concept restaurant franchisors, today announced it has acquired 6 Luciano Brickoven Pizzeria locations from the Luciano Group. Villa Enterprises will convert these stores to its... Tim Hortons Inc. Public Company Merger and Reorganization ApprovedTim Hortons Inc. (NYSE: THI, TSX: THI) announced voting results on a proposed merger transaction (the "merger") to reorganize the Company as a Canadian public company, before its stockholders at the Special Meeting of Stockholders held earlier today.
Tasti D-lite Acquires Planet Smoothie Franchise SystemTasti D-Lite, the lower-calorie frozen dessert chain catering to health conscious consumers has announced the acquisition of Planet Smoothie, LLC, a franchise system with more than 100 units in operation, mainly in Georgia and Florida. Falconhead Capital Acquires Rita's Franchise Company, Nation's Largest Italian Ice ConceptFalconhead Capital, LLC, a private equity firm specializing in growing consumer-focused businesses, today announced the acquisition of a controlling stake in Rita's Water Ice Franchise Company, LLC, a leading regional frozen treat concept based in... DineEquity, Inc. Announces Sale of 17 Applebee's Company-Operated Restaurants in the Mid-South Area to Apple Investors Group, LLCDineEquity, Inc. (NYSE: DIN), parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced that it has entered into an asset purchase agreement with Apple Investors Group, LLC for the sale of 17 Applebee's company-operated.. Einstein Noah Restaurant Group Acquires Kettleman Bagel CompanyEinstein Noah Restaurant Group, Inc. (NASDAQ: BAGL), announced today the acquisition of Kettleman Bagel Company, a five-store bagel chain in Portland, Oregon. Captain D’s Acquires 65-Unit Breakfast, Lunch and Dinner ChainPhil Greifeld, CEO & President, is no stranger to innovation. In fact, throughout the progressive leader’s career, he has been known for proactive brand moves that strengthen business portfolios.
Burger King Corp. Acquires Restaurants in Iowa and NebraskaBurger King Corp. (NYSE:BKC) announced today the acquisition of 72 BURGER KING(R) restaurants in Iowa and Nebraska from franchisee Simmonds Restaurant Management. Landry's Signs Agreement To Acquire Mccormick & Schmick's Seafood Restaurants At $8.75 Per ShareTilman J. Fertitta announced today that Landry's, Inc. has signed an Agreement to acquire 100% of McCormick & Schmick Buffalo Wild Wings, Inc. Announces Completion of Purchase of Seven Restaurant Locations from Avado Brands, Inc.Buffalo Wild Wings, Inc. (Nasdaq:BWLD), today announced that it has completed the acquisition of certain leases and other assets of seven "Don Pablo's Mexican Restaurant" locations from Avado Brands, Inc. Buffalo Wild Wings, Inc. paid, in the aggregate... Jamba Juice Acquires 22 Franchise Stores In California and NevadaJamba Juice®, the category-defining leader in healthy-blended beverages, smoothies and good-for-you snacks, today announced that it has completed the acquisition of the assets of 22 Jamba Juice franchised stores in Northern California and Nevada from. Triarc And Wendy's Sign Definitive Merger AgreementTriarc Companies, Inc. (NYSE: TRY, TRY.B, "Triarc"), the franchisor of the Arby's restaurant system ("Arby's"), and Wendy's International, Inc. (NYSE: WEN, "Wendy's") announced today they have signed a definitive merger agreement... Papa Bello Enterprises Acquires Control of Mamas Direct, Announces New CEOPapa Bello Enterprises (Pink Sheets: PAPA) announced today that the company has acquired majority control of Mamas Direct. Buffalo Wild Wings, Inc. Announces Intent to Purchase Eight Restaurant Locations from Avado Brands, Inc.Buffalo Wild Wings, Inc. (Nasdaq:BWLD), today announced that it has reached an agreement to acquire certain leases and other assets of up to eight "Don Pablo's Mexican Restaurant" locations from Avado Brands, Inc. and its related companies. Golden Gate Capital Completes Acquisition of California Pizza Kitchen, Inc.California Pizza Kitchen, Inc. (NASDAQ: CPKI) (the "Company" or "CPK") and Golden Gate Capital today announced the successful completion of the previously announced acquisition of the Company by an affiliate of Golden Gate Capital for $18.50 per share in Applebee's Stockholders Approve Acquisition by IHOP Corp.Applebee's International, Inc. (Nasdaq:APPB) announced that, at a special meeting of stockholders held today, Applebee's stockholders voted to adopt the merger agreement between the company and IHOP Corp. Carlson And Rezidor Establish The Carlson Rezidor Hotel GroupCarlson, a global hospitality and travel company, and The Rezidor Hotel Group, one of the fastest growing hotel companies in the world, today announced that they have established the Carlson Rezidor Hotel Group. Red Robin Gourmet Burgers Announces Intent to Acquire Red Robin Franchised Restaurants in Wisconsin & Minnesota for $20.9 millionRed Robin Gourmet Burgers, Inc. (Nasdaq: RRGB), the casual dining company that serves up fun, feel-good experiences by offering its guests an imaginative selection of high-quality gourmet burgers and innovative menu items in a family-friendly... Church's Chicken® Purchases 20 Restaurants in Louisiana Through Partnership with WETCO Restaurant Group, LLCChurch's Chicken® announces an agreement with WETCO Restaurant Group, LLC, to purchase 20 Church's restaurants in the New Orleans, Baton Rouge, Lafayette, and Alexandria markets. NexCen Brands Acquires Bill Blass Couture BusinessNexCen Brands, Inc. (NASDAQ: NEXC), today announced that through its wholly-owned subsidiary NexCen Fixed Asset Company, LLC, it has completed a purchase agreement with... Inventure Foods Adds Nathan's Famous to Its Growing Line Up of Licensed BrandsLeading food manufacturer, Inventure Foods, has partnered with legendary Nathans Famous, Inc. (NASDAQ: NATH) to license the popular Nathans restaurant brand name for a new line of snacks that will be available at grocery, vending and convenience store... U-Swirl Expands Franchise Footprint to Salt Lake CityU-Swirl, Inc. (OTCQB: SWRL), parent to U-SWIRL International, Inc., the owner and franchisor of U-SWIRL Frozen Yogurt(R) cafes, today announced that it has acquired three franchised locations in Salt Lake City, Utah. Papa Bello Enterprises to Acquire Pastore's of RosedalePapa Bello Enterprises (Pink Sheets: PAPA) announced today that the company has signed a letter of intent to acquire Pastore's of Rosedale, Inc., a Baltimore based restaurant, deli, and bakery chain. Established in 1999, Pastore's now has two locations... Papa Bello Enterprises Signs Letter of Intent to Acquire the Kebab CafePapa Bello Enterprises, Inc. (Pink Sheets: PAPA) is pleased to announce that the company has signed a letter of intent to acquire the Kebab Cafe; a Southern California based restaurant concept specializing in Middle Eastern style cuisine with a... Back Yard Burgers Expects Merger Closing To Occur On November 5, 2007Back Yard Burgers, Inc. (NASDAQ: BYBI) announced today that it currently expects the merger transaction with BBAC, LLC and BBAC Merger Sub, Inc. to close on November 5, 2007, subject to completion by BBAC of its financing arrangements with its lenders. Whitbread PLC to acquire 21 Express by Holiday Inn hotels from Mitchells & Butlers plc in exchange for 44 Whitbread Pub RestaurantsWhitbread PLC ("Whitbread") today announces that it has agreed to acquire 21 hotels (1245 rooms), currently operating as Express by Holiday Inn hotels from Mitchells & Butlers plc ("MAB"), in exchange for 44 Whitbread pub restaurants. Fog Cutter Capital Group Inc.'s Fatburger Unit Acquires Two Pennsylvania LocationsFog Cutter Capital Group Inc.'s Fatburger unit (OTCBB: FCCG) has announced the purchase of two Fatburger franchise restaurants located in Pittsburgh and Cranberry, Pennsylvania. |
Features & Special ReportsAnatomy of a Turnaround: Bennigan's Reclaims The Integrity of An IconEveryone loves a good comeback story, and I am honored and humbled to be at the helm of a classic turnaround tale. Growth Machine: Anil Yadav Shows No Signs Of Slowing DownAnil Yadav has graced the pages (and one cover) of Multi-Unit Franchisee magazine twice before. 5 Key Mobile Marketing Strategies for FranchisesFor franchise marketers, mobile marketing is now paramount to a successful online strategy. MarketingSherpa: Marketing Wisdom for 2012In case you missed it (and when it comes to marketing and social media there's plenty to keep up on), MarketingSherpa published its Wisdom Report, "Marketing Wisdom for 2012" earlier this year. Time For Benchmarking: All That's Needed Is The WillI am convinced that someday the franchising community will finally get around to unleashing its biggest competitive strength: unit predictability. Improving the Speed and Effectiveness of Your Responses to ProspectsWe asked two franchise marketing pros what they're doing to provide more timely - and relevant - responses to prospect inquiries. Social Media Roundup - May 2012Here are four reasons local business marketers should continue to use the Yellow Pages. Health-Scare Reform: "There's Still More That We Don't Know Than We Do."Since national health care reform was signed into law in March 2010, it has generated strong reaction from multi-unit franchisees and small-business owners across the nation. The Customer Within: Provide Coworkers With The Best Service PossibleWhen we talk about customer service, we usually think about how we deal with the people who walk through our doors--both physical and virtual--to purchase our products and services. Do It Now: 3 Easy Ways To Stop Procrastinating TodayProcrastination is like a virus. It creeps up on you slowly, drains you of energy, and is difficult to get rid of if your resistance is low. 
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