{"id":266,"date":"2011-12-06T10:45:00","date_gmt":"2011-12-06T15:45:00","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/2011\/12\/foodservice-acquisitions-and-mergers-the-latest-report-from-chain-store-guide\/"},"modified":"2011-12-06T10:45:00","modified_gmt":"2011-12-06T15:45:00","slug":"foodservice-acquisitions-and-mergers-the-latest-report-from-chain-store-guide","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2011\/12\/foodservice-acquisitions-and-mergers-the-latest-report-from-chain-store-guide\/","title":{"rendered":"Foodservice Acquisitions and Mergers: The Latest Report from Chain Store Guide"},"content":{"rendered":"<p>Early last month,\u00a0<strong><a href=\"http:\/\/www.chainstoreguide.com\/default.aspx\">ChainStore Guide<\/a><\/strong>\u00a0released its latest white paper, titled <em><a href=\"http:\/\/www.chainstoreguide.com\/static_content\/pdf\/lct_wp.pdf?utm_campaign=fs-insight&amp;utm_source=lindasinsight&amp;utm_medium=csgblog&amp;utm_content=mergers&amp;utm_term=wp\">Trading Spaces: Detailing the Top Mergers and Acquisitions of the Year<\/a><\/em>. <strong>\u00a0<\/strong>Several of the 2010-2011 transactions in the foodservice industry lead the list based on the size of the companies involved, notably 3G Capital Management\u2019s acquisition of Burger King Holdings (12,000+ restaurants) and Roark Capital Group\u2019s purchase of Arby\u2019s Restaurant Group from Wendy\u2019s\/Arby\u2019s Group (3,600+ locations). Other large restaurant-operator takeovers include Auntie Anne\u2019s (1,100), Bojangles Restaurants (500), Hooters of America (450), Bruegger\u2019s Enterprises (300), California Pizza Kitchen and Noodles &amp; Co. (each 260+).<\/p>\n<p>In spite of what is still a relatively lukewarm domestic economy, the news-making financial struggles at several large foodservice companies (including the bankruptcy filings of Friendly Ice Cream Corp., Dippin\u2019 Dots, and Real Mex Restaurants), and the roller coaster-like movement of Wall Street in recent months, there is still an apparently strong market for restaurant companies. Among the deals recently closed are Canadian-based MTY Food Group\u2019s purchase of Jugo Juice International and Mr. Submarine Limited, Bella Petrella\u2019s acquisition of Philly Westshore Franchising Corp., VPC Pizza Holdings buyout of Giordano\u2019s Enterprises, Interstate Hotels &amp; Resorts purchase of Noble Management Group, and Caf\u00e9 International\u2019s takeover of Mountain Mudd Espresso.<\/p>\n<p>Pending deals include MTY Food Group\u2019s buyout of Koryo Korean BBQ, Darden Restaurants purchase of the Eddie V\u2019s Restaurant chain, and most recently announced, Landry\u2019s Restaurants bid for McCormick &amp; Schmick\u2019s Seafood Restaurants. The biggest deal waiting closure is NPC International Inc.\u2019s acquisition by Olympus Partners. NPC is Pizza Hut\u2019s largest franchisee with more than 1,150 restaurants. All transactions are expected to close by the end of 2011 or early in 2012.<\/p>\n<p>Clearly these transactions will have significant impact at the companies that are being acquired as their new owners assess current operations and systems, management effectiveness, marketing and advertising programs, efficiencies to be gained from upgraded MIS systems, and unit-level costs.\u00a0<strong><a href=\"http:\/\/www.chainstoreguide.com\/default.aspx\">ChainStore Guide<\/a><\/strong>\u00a0customers have the advantage of knowing when these transactions occur, so they can take advantage of any new initiatives that may be occurring. If you\u2019d like to be among those with in-depth contact information, contact Chain Store Guide at 800.778.9794.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Early last month,\u00a0ChainStore Guide\u00a0released its latest white paper, titled Trading Spaces: Detailing the Top Mergers and Acquisitions of the Year. \u00a0Several of the 2010-2011 transactions in the foodservice industry lead the list based on the size of the companies involved, notably 3G Capital Management\u2019s acquisition of Burger King Holdings (12,000+ restaurants) and Roark Capital Group\u2019s&hellip; <a class=\"more-link\" href=\"https:\/\/www.chainstoreguide.com\/offthechain\/2011\/12\/foodservice-acquisitions-and-mergers-the-latest-report-from-chain-store-guide\/\">Continue reading <span class=\"screen-reader-text\">Foodservice Acquisitions and Mergers: The Latest Report from Chain Store Guide<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13],"tags":[5],"class_list":["post-266","post","type-post","status-publish","format-standard","hentry","category-restaurant-foodservice","tag-insight","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=266"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/266\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}