Steve Rockwell is managing director of Restaurant Investment Banking at Janney Montgomery Scott and has 30 years of experience in the restaurant industry, including as an analyst and finance executive. He can be reached at srockwell3@mac.com.
Private-equity firm Cerberus Capital Management to acquire F&H Acquisition Corp.
Deal will reduce the ownership of current majority owner Shidax Corp.
Company expects acquisition to accelerate growth in Arizona market
Company responds to investor Sardar Biglari’s demands in attempt to avoid added costs
Better-for-you chain plans future with AC Restaurant Group
Deal includes stake in celebrity chef’s Searsucker, Herringbone restaurants
The company also strikes a deal to acquire the first two domestic Hooters locations.
CEC Entertainment has been speaking with potential buyers, according to Reuters