Changing business environment spurs deals

Changing business environment spurs deals

Acquisitions heat up as access to capital increases and some restaurant companies look to sell ahead of PPACA implementation.

Better access to capital and fear of potentially disadvantageous tax changes and mandates are fueling a recent increase in restaurant acquisitions.

Already in 2013, Bob Evans Farms Inc. has sold its Mimi’s Cafe chain to Le Duff America Inc.; Ignite Restaurant Group Inc. acquired Romano’s Macaroni Grill from Golden Gate Capital; and Landry’s Inc. is trying to acquire Ark Restaurants Corp.

“That acceleration was due to a change in tax laws from k

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