Finance / Investment News & Media
Muscle Maker files for IPO
November 27, 2019
Fast casual chain, Muscle Maker, aims to raise up to $59 million in an initial public offering on the Nasdaq. The filing is the second try at the public…
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Punchh raises $40M in Series C funding, enters deal with Casey's General Stores
November 14, 2019
Punchh, a firm that provides AI-based marketing solutions for retailers, said it raised $40 million in a Series C funding round and also entered an agreement…
read nowFormer Uber boss Kalanick raises $400M for ghost kitchen, delivery platform
November 8, 2019
Travis Kalanick, the Silicon Valley icon who was ousted as CEO of Uber, raised $400 million from Saudi Arabia's sovereign wealth fund in January for his new…
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Big franchise growth ahead for Slim Chickens
October 21, 2019
Slim Chickens has a goal to hit 600 locations in the next decade and is making fast track on the initiative with seven multi-unit franchise agreements totaling…
read nowNew financial reporting system standardizes languages, currencies
October 21, 2019
Restaurant analytics company, Revenue Management Solutions, has launched an SaaS application called metiRi that gathers, consolidates, standardizes and…
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Tender Greens gets term loan from digital lender CrowdOut Capital
October 16, 2019
CrowdOut Capital, an online, non-bank lender for middle market companies, has completed a term loan to Tender Greens, according to a press release.
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Chipotle enhances employee education initiative
October 15, 2019
Chipotle Mexican Grill is offering eligible employees a debt-free college degree benefit which expands on its commitment to employee education via the Chipotle…
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Pie Five's dismal Q4 results drag down Rave's overall performance
September 30, 2019
Pizza Inn and Pie Five parent, Rave Restaurant Group Inc., reported sizable sales decreases at Pie Five over the fourth quarter of the company's financial…
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Capriotti’s inks deal for 17 locations
September 17, 2019
Captriotti's Sandwich Shop has signed a franchise deal for 17 locations across several states, including Montana, Arizona, Idaho and Washington, by the end of…
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Giardino, Chop Chop Rice announce expansion plans
September 10, 2019
Two fast casual chains — Giardino Gourmet Salads and Chop Chop Rice Co. — are celebrating their 15th birthdays this month with major growth plans.
read nowTijuana Flats aims to help Florida families eliminate $1M in medical debt
August 13, 2019
Tex-Mex fast casual Tijuana Flats is eliminating more than $1 million in medical debt for more than 1,000 residents and families in the Greater Orlando area.
read nowRego Restaurant Group hires former TGI Fridays CFO
July 25, 2019
The Rego Restaurant Group, which operates Quiznos and Taco Del Mar, has hired Tom Kurrikoff as CFO.
read nowBy Chloe, ESquared effort, Dez, in NYC closes after year
June 25, 2019
Dez, a fast casual created by the team that launched By Chloe with ESquared has closed a little more than a year after opening in New York City's Nolita…
read nowKotipizza applies to go private
June 7, 2019
Kotipizza's board has applied to end public trading in the brand and to delist Kotipizza's shares from the Nasdaq Helsinki, a news release said.
read nowLuckin Coffee aims to go public in the US
April 24, 2019
Luckin Coffee, Starbucks’ top competitor in China, is planning to go public in the US.
read nowThe Madera Group raises $20.85M in latest funding round
December 3, 2018
The Madera Group, which operates several Mexican brands, has raised $20.85 million in funding in its latest equity round. The investment comes from Breakwater…
read nowSweetgreen reaps $200M in funding effort
November 14, 2018
Seasonal fast casual brand sweetgreen reaped $200 million in its latest financing round which was led by Fidelity Investment.
read nowJPMorgan Chase launches Franchise & Restaurant Group
November 12, 2018
JPMorgan Chase's Commercial Bank announced the launch of the a franchise and restaurant group within its middle market banking and specialized industries…
read nowHoneygrow raises $18 million in latest round of funding
December 8, 2017
Honeygrow, a Philadelphia-born concept, has raised $18 million in Series E fundraising. The capital, which brings the total amount raised to $70 million, will…
read nowRestaurant biz down, but not as bad as it looks
October 13, 2017
Ever since Hurricanes Harvey and Irma roared through most of the nation's southern regions, analysts and others have been itching for numbers on the storms…
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