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