Mergers and Acquisitions

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Savory Fund Takes Majority Stake in The Sicilian Butcher

The private equity firm aims to expand the three-unit concept by opening nearly 20 locations in the next four years.

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Tech24 Grows Market Share in NYC With Acquisition of Tek Express

Tech24 says the acquisition will benefit new and existing customers through expanded services and efficiencies and “adds meaningful scale” in New York City.

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Hatco Acquires American Range, Expanding Product Offerings

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

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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.

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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

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.

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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.

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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.

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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.

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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.

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