5 Acquisitions of Companies in the Restaurants Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Restaurants industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 5 acquisitions that took place in the Restaurants industry.

Original Joe's Franchise Group acquired by Recipe Unlimited

Details about the transaction:

Acquisition amount:

$93,000,000

Announcement:

1 September 2016

Details about the company:

Western Canada's Original Joe's Franchise Group Inc. is the owner and operator of a network of eateries.

Headquarter:

Calgary, Alberta, Canada

Where to find them:

Industry:

Franchise, Restaurants

Details about the buyer:

The oldest full-service restaurant company is Recipe Unlimited.

Headquarter:

Vaughan, Ontario, Canada

Where to find them:

Badshah Masala acquired by Dabur India

Details about the transaction:

Acquisition amount:

$71,602,819

Announcement:

26 October 2022

Details about the company:

Indian spices that are whole, ground, and mixed are produced by Badshah Masala.

Headquarter:

Mumbai, Maharashtra, India

Where to find them:

Industry:

Cooking, Food Processing, Restaurants

Details about the buyer:

Dabur is one of India's top FMCG companies, with sales over Rs 7,680 billion and a market value above Rs 48,800 billion.

Headquarter:

Ghaziabad, Uttar Pradesh, India

Where to find them:

Chilango acquired by Tortilla Mexican Grill

Details about the transaction:

Acquisition amount:

$3,455,911

Announcement:

23 May 2022

Details about the company:

A website where you may get Mexican food is called Chilango.

Headquarter:

London, England, United Kingdom

Where to find them:

Industry:

Food and Beverage, Organic Food, Restaurants

Details about the buyer:

A series of informal Mexican restaurants is called Tortilla Mexican Grill.

Headquarter:

London, England, United Kingdom

Where to find them:

Locu acquired by GoDaddy

Details about the transaction:

Acquisition amount:

$70,000,000

Announcement:

19 August 2013

Details about the company:

Local company growth is key to Locus' goal.

Headquarter:

Cambridge, Massachusetts, United States

Where to find them:

Industry:

Advertising, Content, Developer APIs, Local, Personalization, Restaurants, Search Engine, Social Media

Details about the buyer:

GoDaddy is a web hosting and domain registrar that supports online companies.

Headquarter:

Scottsdale, Arizona, United States

Where to find them:

The Sicilian Butcher acquired by Savory Fund

Details about the transaction:

Acquisition amount:

$30,000,000

Announcement:

12 October 2022

Details about the company:

Several restaurant chains are run by The Sicilian Butcher.

Headquarter:

Phoenix, Arizona, United States

Where to find them:

Industry:

Food and Beverage, Restaurants

Details about the buyer:

By using deliberate growth and replication tactics, Savory Fund aims to provide outsized returns.

Headquarter:

Lehi, Utah, United States

Where to find them: