Mergers and Acquisitions
September 21, 2022
Salad Collective Acquires 27-Unit Tokyo Joe’s
The 27-unit Japanese-Asian fast-casual brand now falls under the Salad Collective umbrella, joining Mad Greens and Snappy Salads, which merged in 2019.
August 26, 2022
Tech24 Makes Two More Acquisitions With AmeriCold and Arrowhead
The acquisitions expand the company’s cold-side refrigeration services and increase its footprint in the Phoenix market.
August 24, 2022
16 Handles Frozen Yogurt Chain Acquired by Franchisee and YouTube Star
The colorful frozen yogurt and soft-serve chain 16 Handles has been acquired by its largest franchisee Neil Hershman and YouTube star Danny Duncan.
August 12, 2022
Legacy Strengthens Market Position With Acquisition of Admiral Craft
The Fort Lauderdale, Fla.-based company acquired Admiral Craft Equipment Corp., a manufacturer and distributor of equipment, smallwares and supplies to the commercial foodservice industry.
August 9, 2022
Qdoba Joins Modern Market, Lemonade in Merger
The private equity firm Butterfly—the parent company of Modern Restaurant Concepts—is acquiring the Mexican fast-casual chain Qdoba.
August 9, 2022
Canada-Based Group Scales US Footprint With Acquisition of BBQ Holdings
The $200 million acquisition grows MTY Food Group’s portfolio to approximately 7,000 locations, including 3,900 in the U.S.
August 3, 2022
Empire Equipment Acquires Greater Texas Ice
The acquisition expands Empire Equipment Co.’s geography and logistics network to now encompass nine distribution locations.
August 3, 2022
PT Holdings Adds Commercial Kitchen Parts and Service to Portfolio
The San Antonio-based company will run as a separate business within PT Holdings.
July 29, 2022
Pentair Completes Acquisition of Manitowoc Ice
Pentair officially acquired Manitowoc Ice from Welbilt for $1.6 billion on July 28.
July 29, 2022
Ali Group, Welbilt Merger Complete
Ali Group has officially acquired fellow foodservice equipment manufacturer Welbilt.
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