Mergers and Acquisitions
September 10, 2025
Potbelly Joins RaceTrac Portfolio in $566M Acquisition
The deal, expected to close Q4/25, will unlock ‘new opportunity’ for the sandwich shop concept.
September 4, 2025
Freddy’s Eyes Growth Under New Owner
Freddy’s, with more than 550-plus locations across the U.S. and Canada, joins global private equity firm Rhone’s portfolio.
August 5, 2025
Philz Coffee Brews Growth With New Partner
Private equity firm Freeman Spogli says the 77-unit brand has ‘significant room for expansion.’
August 5, 2025
EMC Hospitality Announces Merger
The new addition expands the rep group’s offerings and support in the Hawaii region.
August 4, 2025
Hoshizaki Seals Structural Concepts Deal
Hoshizaki Alliance announced today it has finalized its acquisition of food display case maker Structural Concepts Corp.
July 28, 2025
Shipley Do-Nuts Changes Ownership
Levine Leichtman Capital Partners will expand the brand’s unit count.
July 22, 2025
Friendly’s Franchisee Acquires Brix Holdings
The franchisee and private investment group will scoop up a portfolio of 250-plus locations.
July 2, 2025
Smart Care Grows Capabilities With HiTech Acquisition
Smart Care is on a hot streak, having just announced its second acquisition of 2025—and all in a week’s time. The newest deal, closed July 1, is the addition of Lubbock, Texas-based HiTech of Texas: a service, installation and equipment sales company for commercial foodservice and food production equipment. Adding HiTech increases Smart Care’s operational…
June 24, 2025
Smart Care Closes 13th Acquisition Since 2022
Since partnering with Wind Point in March 2022, Smart Care closed its dozenth deal in Q4 of 2023.
June 20, 2025
Bubbakoo’s Shifts Ownership, Plans Growth
The fast-casual brand, with 130-plus units, plans to gain ground in different markets.
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