25 Mergers and Acquisitions in and around the Restaurant Industry by 2021
The year 2021 was another busy year for restaurant industry mergers. There were still weeks left to go, from Capriotti's Sandwich Shop purchasing Wing Zone in January to Jack in the Box buying Del Taco in December.
NPC International's bankruptcy in summer 2020 was one year ago. This led to 2021 Q1 sales of Wendy's Pizza Hut units and Flynn Restaurant Group, Wendy's parent company, and Delight Restaurant Group.
Fat Brands made the biggest moves in 2018, after acquiring four restaurant chains in 2021.
Squarespace purchased reservations platform Tock from Restaurant Technology, in March. Sweetgreen bought Spyce in August.
Multiconcept operator JAB Holding Co. brought together its early daypart brands under one roof in August. This was the biggest transaction of the year. Panera Brands announced that it will be returning to the public market in November. Restaurant Brands International announced in November that they would be adding Firehouse Subs to their portfolio.
Click through the gallery for more information on these 2021-related acquisitions.
Key Issues for Foodservice Operators in 2022
As we begin a new year, many of the same concerns that plagued last years year are still present. The effects of the collapsed labor market and pandemics continue to challenge operators. The weak supply chain and high levels of inflation are affecting restaurant operations and their economic performance. COVID variants remain and hinder full-scale customer returns to restaurants. How can operators solve these problems? And how can they ensure their profitability?
Register now for the webinar and hear from experts and operators who will provide insight into your 2022 goals. Find out more:
- How to ensure your supply chain is in order and provide the best customer service
- How can you combat rising costs and prices?
- How can you make your supply chain more efficient?
- How can you capitalize on the demand to deliver and to-go
Learn more about RestaurantZone.