Ovation Brands evaluates possible sale

Ovation Brands evaluates possible sale

Buffet chain owner hires Duff & Phelps to analyze strategic alternatives

Ovation Brands Inc., the Greer, S.C.-based owner of several buffet concepts, has hired financial advisors to evaluate a possible sale of its business, less than three years after emerging from bankruptcy, CEO Anthony Wedo told Nation’s Restaurant News Tuesday.

The owner of 328 restaurants in 35 states has hired Duff & Phelps to evaluate strategic alternatives, including a potential sale. Ovation operates five buffet brands — Ryan’s, HomeTown Buffet, Old Country Buffet, Count

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