Mergers and Acquisitions

American Range Hatco Corp. 1200x800 1
October 5, 2022

Hatco Acquires American Range, Expanding Product Offerings

Hatco Corp. acquired American Range, a manufacturer of commercial and residential cooking appliances, on Sept. 30.

Tech24 1st Source Restaurant Services 1200x800 1
October 3, 2022

Tech24 Continues Acquisition Streak With 1st Source

HCI Equity Partners-backed Tech24 is continuing its acquisition streak, this time picking up 1st Source Restaurant Services.

Levy Boka Restaurant Group 1200x800 1
September 30, 2022

Levy Acquires Minority Stake in Boka Restaurant Group

Chicago-based Levy and Boka Restaurant Group are joining forces as Levy takes a minority stake in the multiconcept restaurant group.

Tokyo Joes Salad Collective
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.

Tech24 AmeriCold New York 1200x800 1
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.

16 Handles Danny Duncan Neil Hershman 1200x800 1
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.

Admiral Craft The Legacy Cos. 1200x800 1
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.

Qdoba Butterfly Modern Restaurant Concepts 1200x800 1
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.

BBQ Holdings Famous Daves 1200x800 1
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.

Greater Texas Ice 1200x800 1
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.

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