Wisconsin-based Cousins Subs has hired Jason Westhoff as chief financial officer for the corporation and its 140-store franchise system. Westhoff was previously chief financial officer at Wisconsin …
The Wendy's Company announced today that Todd Penegor has been named senior vide president and chief financial officer. Penegor, who most recently served as president of the Kellogg Company's U.S …
The Wendy's Company announced that its indirect wholly owned subsidiary, Wendy's International Inc., has entered into an agreement to refinance its existing credit facility. Subject to certain …
Del Taco Holdings Inc. announced the completion of a debt refinance transaction worth $215 million. The transaction, led by GE Capital, Franchise Finance, features new senior credit facilities, which …
GE Capital, Franchise Finance recently provided $11.3 million to Ghai Management Services, a Burger King franchisee. The funding was used for the acquisition of six Taco Bell locations in Northern …
Fiesta Restaurant Group Inc., parent company of the Pollo Tropical and Taco Cabana restaurant brands, today announced the launch of a proposed secondary public offering of 2,500,000 shares of common …
PeopleMatter announced it has closed a $19-million growth round of capital led by Scale Venture Partners, based in California. According to PeopleMatter CEO and president Nate DaPore, this additional …
Good Times Restaurants Inc. announced it has paid off all of its term debt after the closing of its most recent sale leaseback transaction. The company is now debt free, with the exception of a few …
Driven by a more optimistic outlook among restaurant operators, the National Restaurant Association's Restaurant Performance Index (RPI) rose to its highest level in five months. The RPI — a …
The Franchise Business Index (FBI), an index of the economic health of the U.S. franchising industry, increased by 0.7 percent in January as nearly all components showed improvement. The …
Dunkin' Brands Group Inc., parent company of Dunkin' Donuts and Baskin-Robbins, announced it has completed the refinancing of its senior secured credit facility, including its senior secured …
McDonald's board of directors declared a quarterly cash dividend of 77 cents per share of common stock payable on March 15 to shareholders of record at the close of business on March 1. After …
OLO, a digital commerce engine for restaurants, announced a $5 million dollar Series B financing from PayPal and existing investors. The New York-based company is hiring as it aggressively scales …
AFC Enterprises Inc., parent company of Popeyes restaurants, today reported selected unaudited results for its fiscal fourth quarter and fiscal year which ended Dec. 30, 2012. Global same-store sales …
ICR, an independent financial communications firm, today announced the 10 picks for the best restaurant stock of 2013 made by a slate of sell-side research analysts at the 15th Annual ICR XChange …
Sonic Corp.'s board of directors increased its share repurchase authorization from $40 million to $55 million. The company has repurchased approximately $25 million of the original $40 million …
TD Food Group, which operates about 70 fast-food restaurants throughout Hawaii, is now under the ownership of the private equity firm, Nimes Capital. TD's former owner was Brentwood Associates …
Prospect Capital Corporation announced that it has provided $23.2 million of secured debt financing for the recapitalization of TB Corp., parent company of the Texas-based Taco Bueno quick-service …
A majority of the 200 U.S.-based chief financial officers and senior finance executives surveyed said they plan to invest in their companies to drive growth in 2013, and expect to achieve higher …