Jimmy Johns Goes 2 Inspire Brands

Inspire Brands (“Inspire”) today announced that it has entered into an agreement to acquire Jimmy John’s Sandwiches (“Jimmy John’s”). The agreement was unanimously approved by the Jimmy John’s Board of Directors, including Founder and Chairman Jimmy John Liautaud. The...

Gigi’s Cupcakes Goes 2 Elite Restaurant Group

Gigi’s Cupcakes has gone to Elite Restaurant Group out of bankruptcy. The deal was part of an Elite buying spree that included several other concepts according to Nation’s Restaurant News.  Jul 31, 2019

Fat Burger Sold To Elevation Brands

FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”) announced that it has successfully completed the acquisition of Elevation Burger for $10 million which was funded through a combination of sellers’ notes and cash. With the...

Papa Murphy’s Goes 2 MTY

MTY Food Group Inc. (“MTY”) (TSX:MTY) and Papa Murphy’s Holdings, Inc. (“Papa Murphy’s”) (NASDAQ:FRSH) today announced they have entered into a definitive merger agreement (the “Merger Agreement”) under which MTY would acquire all of the issued and outstanding shares...

Blackstone acquires Servpro

SERVPRO and Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone (“Blackstone”) have recapitalized SERVPRO, a leading franchisor of residential and commercial property damage restoration services. Blackstone is acquiring a majority...