Finance / Investment News & Media
PeopleMatter receives $19M in capital funding
March 5, 2013
PeopleMatter announced it has closed a $19-million growth round of capital led by Scale Venture Partners, based in California. According to PeopleMatter CEO…
read nowGood Times Restaurants' debt repayment paves way for acquisition
March 5, 2013
Good Times Restaurants Inc. announced it has paid off all of its term debt after the closing of its most recent sale leaseback transaction.
read nowRestaurant operators optimistic about the months ahead
March 1, 2013
Driven by a more optimistic outlook among restaurant operators, the National Restaurant Association's Restaurant Performance Index (RPI) rose to its highest…
read nowFranchising industry shows improvement in January
February 20, 2013
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…
read nowDunkin' Brands completes credit facility refinancing
February 15, 2013
Dunkin' Brands Group Inc., parent company of Dunkin' Donuts and Baskin-Robbins, announced it has completed the refinancing of its senior secured credit…
read nowMcDonald's offers quarterly cash dividend
January 31, 2013
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…
read nowOLO receives $5M in funding thanks to mobile ordering growth
January 25, 2013
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…
read nowPopeyes sales jump nearly 7 percent in 2012
January 24, 2013
AFC Enterprises Inc., parent company of Popeyes restaurants, today reported selected unaudited results for its fiscal fourth quarter and fiscal year which…
read nowSonic named top performing restaurant stock of 2012
January 24, 2013
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…
read nowSonic increases share repurchase program
January 18, 2013
Sonic Corp.'s board of directors increased its share repurchase authorization from $40 million to $55 million.
read nowOwner of Hawaii Taco Bells, Pizza Huts sells to PE firm
December 31, 2012
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…
read nowTaco Bueno receives $23M investment
December 20, 2012
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…
read nowSurvey: CFOs expect growth, technology investments in 2013
December 17, 2012
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…
read nowJack in the Box refranchises 42 restaurants
November 28, 2012
Jack in the Box Inc. disclosed the details of two refranchising transactions that were included in the company's fourth quarter operating results, announced on…
read nowPopeyes completes acquisition of 27 restaurants
November 19, 2012
AFC Enterprises Inc. announced the completion of its planned $13.8 million acquisition of 27 restaurants in Minnesota and California.
read nowJPMorgan Chase CEO joins Yum! Brands' board
November 19, 2012
Yum! Brands Inc. has announced the appointment of Michael J. Cavanagh, 46, to its board of directors. Cavanagh is the co-chief executive officer of JPMorgan…
read nowGE Capital launches restaurant finance Web tool
November 14, 2012
GE Capital, Franchise Finance (GEFF) is rolling out a new Web tool, GE SmartChart, to its customers across the U.S. The tool was introduced at this week's…
read nowDunkin's chief global strategy officer steps down after six months
November 14, 2012
Neil Moses, chief global strategy officer of Dunkin' Brands Group Inc., has announced that he is stepping down, according to the Boston Herald. He will serve…
read nowJack in the Box completes bank debt refinancing
November 9, 2012
Jack in the Box Inc. announced the completion of a new five-year $600 million senior credit facility, comprised of a $400 million revolving credit facility and…
read nowFranchisee acquires 120 KFCs from Yum! Brands
November 7, 2012
Dallas-based Mitra QSR KNE LLC and its capital partner, Chalak Growth Capital Fund LLC, recently closed on a large acquisition of KFC/Taco Bell units in the…
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