A Flurry of Chains Changing Hands

Cooper’s Hawk Winery & Restaurants, the 35-unit casual dining chain based in suburban Chicago, has reached an agreement to be sold to Ares Management, a Los Angeles-based asset management and real estate firm. The chain has tripled sales during the past five years ($282 million last year), and its wine club boasts 390,000 members.


Jack’s Family Restaurants and its 162 locations was sold by Toronto-based Onex Corp. to an undisclosed buyer. Onex has owned the Birmingham, Ala.-based chain since 2015.


Red Robin Gourmet Burgers has received a formal offer from former suitor Vintage Capital Management. The Greenwood Village, Colo.-based chain has 560 units across the U.S and Canada. The offer reportedly is friendlier than Vintage’s original hostile offer, which prompted Red Robin to adopt a poison pill strategy to avoid takeover attempts.


Slim Chickens, the Fayetteville, Ark.-based casual dining operator, received additional funding from Atlanta-based P.E. firm 10 Point Capital, and said it plans to open 600 units during the next decade. The 16-year-old chain has nearly 80 units and an additional 350 locations under development deals.

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Singer Reorganizes Contract Business Leadership

New executive vice president, contracts previously held the role of president of Singer Ashland.


In Memoriam: 4 Star Reps’ Andy Bachovin Passes

Longtime MAFSI member and former board member Andy Bachovin of 4 Star Reps passed away on Jan. 18.

Chris Baichoo of Perlick

New Appointments and Retirements at Perlick and TriMark

Chris Baichoo will become chief sales officer at Perlick as Jim Koelbl retires—plus TriMark's Kim Gill Rimsza to depart in February.