Features, News & Blogs
Good news: Restaurant sales, unit growth, financing upThe U.S. restaurant industry is experiencing an uptick, with mergers and acquisition activity up to $3.9 billion, from $3.7 billion last year. According to the 23rd edition of the Chain Restaurant Industry Review, released today at the Restaurant …
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 closing conditions, the company expects the transaction …
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 include a $175 million term loan and a $40 …
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 California. "We have long ties to GE Capital …
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 stock. All shares will be offered by funds managed …
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 capital will be used to accelerate the company's …
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 smaller capitalized equipment leases and …
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 monthly composite index that tracks the health of …
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 International Franchise Association's index rose to 109.7 …
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 revolving credit facility. The total debt of the company …
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