restaurants

Los Angeles — FAT (Fresh. Authentic. Tasty.) Brands Inc. has commenced voluntary chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of Texas. FAT Brands plans to use the filings to deleverage the balance sheet, maximize value for its stakeholders and support continued growth of its brands. FAT Brands’ portfolio of 18 restaurant concepts encompasses more than 2,200 locations worldwide. Iconic brands such as Fatburger, Johnny Rockets and Round Table Pizza, among others, are expected to remain operating as usual during the chapter 11 process. “Our dynamic …

Irvine, Calif. — Pokeworks, a leading fast-casual poke brand, is continuing its strategic growth in New York with the addition of two new franchise partners who will develop locations in Long Island and Manhattan. The new agreements total four initial units with the ability for continued growth. On Long Island, Pokeworks has partnered with seasoned restaurant operator Joe Magnotta, who brings more than two decades of experience in the food and beverage industry. Magnotta entered the restaurant business in 2001 with the purchase of his first concept, Angelina’s, and went …

Spartanburg, S.C. — TriArtisan Capital Advisors LLC, Treville Capital Group and Yadav Enterprises, Inc. has successfully completed its previously announced acquisition of Denny’s Corporation, owner and operator of Denny’s Inc. and Keke’s Inc. The transaction closed following approval by Denny’s stockholders as well as satisfaction of all required regulatory and customary closing conditions. With the support of TriArtisan, Treville and Yadav Enterprises, Denny’s will have enhanced flexibility and resources to invest in its brands, support franchisees and accelerate its growth initiatives. “Today represents an important milestone for Denny’s and Keke’s …