Mergers & Acquisitions

Founder Russ DiGilio to retain a stake and serve on board of directors

Equity funding to restaurant software company provided by Panera founder Ron Shaich’s Act III Holdings

Acquisition adds more than 7,000 operators to its service

CEO Mike Roper says he is looking for other, similar, companies to acquire

Norfolk, Va.-based franchise group adds to existing Wendy’s-Taco Bell portfolio

This is Yum Brands’ second technology company acquisition announcement of the month, after Yum announced its intentions to buy Kvantum, a company that uses artificial intelligence to track consumer insights

12 Zoe’s to be recast as Cava in first half of 2021 amid push into suburban markets

Flynn Restaurant Group has nearly doubled in size, acquiring 937 Pizza Huts and 194 Wendy’s locations from NPC International, which declared bankruptcy last summer

Industry veterans’ Drink House Holdings buys majority interest in Arkansas-based concept

Private-equity firm had taken minority stake in fast-casual Middle Eastern concept in 2015