Industry Update: Restaurant Industry Insight Spotlight on Fast Casual M&A Update – November, 2018

November, 2018

For announced transactions, Restaurant multiples saw a modest increase from 9.6x EBITDA in 2016 to 10.8x EBITDA in 2017.

Select recent notable publicly announced M&A transactions:

– Durational Capital Partners and The Jordan Company acquired Bojangle’s for approximately $770 million.

– Inspire Brands acquired Sonic for approximately $2.3 billion.

– Del Frisco’s acquired Barteca for approximately $330 million.

– Spice Private Equity acquired Bravo Brio Restaurant Group for approximately $100 million.

    Download Report