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acquisitions

Financing

Bob Evans is acquired by private-equity firm 4x4

 By Joe Guszkowski on Feb. 05, 2026

The 400-unit family-dining chain had been owned by Golden Gate Capital since 2017. Its new owner is planning long-term growth.

Financing

Why did Yum Brands buy Habit Burger?

 By Jonathan Maze on Feb. 04, 2026

The Bottom Line: Yum Brands bought Habit Burger in 2020 with the intention to grow the brand. The company does not even mention the brand in its earnings calls.

Financing

Burger King completes the sale of a majority stake in its China business

By Jonathan Maze on Feb. 03, 2026

Parent company Restaurant Brands International has sold an 83% stake in Burger King China to CPE for $350 million, more than double what the fast-food operator paid for the business last year.

Financing

Jersey Mike's is reportedly planning an IPO, just one year after its sale to Blackstone

By Jonathan Maze on Jan. 28, 2026

The sandwich chain has hired advisors who could take the company public as soon as this year, according to Bloomberg. The chain could get a valuation of as much as $12 billion.

Technology

Par Technology to buy customer data provider Bridg for $27M

By Joe Guszkowski on Jan. 26, 2026

Bridg will allow restaurants to identify non-loyalty customers, giving them a fuller view of their audience. It’s the latest in a series of acquisitions by Par.

Financing

What restaurant chains are candidates to go private?

By Jonathan Maze on Jan. 23, 2026

The Bottom Line: With restaurant company valuations low following a tough 2025, several chains could be ripe targets for a takeout, if buyers are up for some risk.

Financing

On the bankruptcy of a big Popeyes franchisee

By Jonathan Maze and Lisa Jennings on Jan. 23, 2026

The Week in Restaurants: This week’s episode of the restaurant news discussion podcast looks at the bankruptcy filing of Sailormen, sales improvement at burger chains and who could go public next.

Financing

Smithfield Foods is buying Nathan's Famous for $450M

By Jonathan Maze on Jan. 22, 2026

The Chinese pork producer will be buying the hot dog maker and owner of the Nathan’s Famous chain for $102 per share.

Financing

OneRyan Global acquires a controlling stake in Mr. Gatti's Pizza

By Jonathan Maze on Jan. 21, 2026

The Texas-based pizza buffet chain is being sold to a family office investment firm of tax consultant Brint Ryan.

Financing

Steak n Shake's owner wants to raise $500M in a stock sale

By Jonathan Maze on Jan. 21, 2026

Biglari Holdings, whose stock has doubled over the past year, has filed to sell 11.5 million shares to provide the company with a “strategic reserve.”

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