The American Rescue Plan, the $1.9 trillion COVID relief bill that includes $28.6 billion in restaurant relief, was signed into law on Thursday (March 11), offering a much-needed (if insufficient, according to some) lifeline to the hard-hit industry. Afterwards, the National Restaurant Association, which represents...
After first surfacing in reports about a week ago, the rumors it seems are true. Private equity-backed Inspire Brands will be buying Dunkin’ Donuts and bringing it private for a whopping $11.3 billion. That represents a purchase price of $106.50 a share, a 20 percent...
In a deal that would make it the fourth-biggest restaurant company in the country, Inspire Brands will acquire Jimmy John’s for a price that was not disclosed. Inspire Brands is backed by private equity firm Roark Capital Group, which owns other notable restaurant brands such as...
Fat Brands – as it is pushing toward a unique IPO of its own – is offering consumers with $500 to burn an interesting opportunity: the chance to purchase their own piece of Fatburger. Fatbrands – which owns Buffalo Wild Wings officially plans to sell...
September 25, 2019
In a deal that would make it the fourth-biggest restaurant company in the country, Inspire Brands will acquire Jimmy John’s for a price that was not disclosed. Inspire Brands is backed by private equity firm Roark Capital Group, which owns other notable restaurant brands such as Sonic Drive-In, Buffalo Wild Wings, Arby’s and Rusty Taco, CNBC reported. Jimmy […]