Restaurant chains capitalize on increase in SBA lending

June 20, 2013

A new report released at the start of the International Franchise Expo in New York City shows that U.S. Small Business Administration (SBA) lending to…

Cousins Subs promotes marketing exec, names new CFO

May 28, 2013

Wisconsin-based Cousins Subs has hired Jason Westhoff as chief financial officer for the corporation and its 140-store franchise system.

Wendy's names former Kellogg's president as CFO

May 6, 2013

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…

Good news: Restaurant sales, unit growth, financing up

Total unit growth for the Top 100 restaurant chains was 1.8 percent in 2012, the highest since 2007.

Wendy's expects $19M in annual savings from debt refinancing

April 18, 2013

The Wendy's Company announced that its indirect wholly owned subsidiary, Wendy's International Inc., has entered into an agreement to refinance its existing…

Del Taco completes $215M debt refinance

April 1, 2013

Del Taco Holdings Inc. announced the completion of a debt refinance transaction worth $215 million.

Burger King franchisee acquires six Taco Bell units

March 27, 2013

GE Capital, Franchise Finance recently provided $11.3 million to Ghai Management Services, a Burger King franchisee. The funding was used for the acquisition…

Taco Cabana parent launches SPO

March 19, 2013

Fiesta Restaurant Group Inc., parent company of the Pollo Tropical and Taco Cabana restaurant brands, today announced the launch of a proposed secondary public…

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…

Good 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.

Restaurant 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…

Franchising 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…

Dunkin' 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…

McDonald'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…

OLO 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…

Popeyes 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…

Sonic 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…

Sonic increases share repurchase program

January 18, 2013

Sonic Corp.'s board of directors increased its share repurchase authorization from $40 million to $55 million.

Owner 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…

Taco 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…