Minnetonka, Minn. — BBQ Holdings, Inc., the multi-brand restaurant company behind concepts such as Famous Dave’s and Granite City Food and Brewery, and the newly acquired Village Inn and Bakers Square, has hired Manny Packing as the brand’s new vice president of franchise sales and real estate. Most recently, Packing was the director of international real estate and construction for Inspire Brands, the owner and franchisor of several legacy franchise brands, including Arby’s, Sonic Drive-In, Dunkin’ and Baskin-Robbins. While there, Packing was responsible for onboarded new franchisees and led efforts …
inspire brands
Boston — Dunkin’ unveiled its most recent non-traditional openings and growth plans for the year. Thus far in 2021, the coffee company has expanded across Las Vegas at the Convention Center, LINQ Hotel and Arizona Charlie’s Boulder Casino, as well as reopened with the unveiling of the new Virgin Hotel. Additionally, the brand opened its 12th location with Great Wolf Resorts at the Manteca, Calif., park and further strengthened its presence in the healthcare setting with locations debuting at the Oak Hill Hospital in Brooksville, Fla., and UMass Memorial Medical …
Atlanta and Canton, Mass. — Inspire Brands has agreed to acquire fast-food breakfast chain Dunkin’ Brands in a transaction valued at $11.3 billion. The deal is expected to close by the end of the year. Atlanta-based Inspire Brands is the parent company of restaurant chains such as Arby’s, Jimmy John’s, Sonic Drive-In and Buffalo Wild Wings. In addition to its namesake coffee and breakfast chain, Canton, Mass.-based Dunkin’ Brands also owns ice cream parlor chain Baskin-Robbins, which respectively have about 12,500 and 8,000 locations worldwide. Dunkin’ has about 9,600 locations …
Canton, Mass. — Shares of Dunkin’ Brands Group Inc. rose by more than 15% on Oct. 26 as the Massachusetts-based coffee and breakfast chain moved forward with talks to be acquired by Atlanta-based Inspire Brands, the parent company of chains like Arby’s and Jimmy John’s. The New York Post reports that the deal, which would take Dunkin’ private, is valued at $8.8 billion. Dunkin’s stock price closed at $89.80 per share on Oct. 23 and peaked at $104.87 per share in trading on Oct. 26 before closing just below that …
The Colony, Texas — Quest Resource Holding Corporation, a national leader in environmental reuse, recycling and waste disposal services, has added Buffalo Wild Wings, one of the largest American casual dining restaurant and sports bar franchise, which is owned by Atlanta-based Inspired Brands Inc., to its portfolio of customers. Under the multi-year agreement, Quest will manage a comprehensive waste and recycling program to all 516 Buffalo Wild Wings restaurants located throughout the United States. “We selected Quest because they provided a significant savings over the incumbent, offered a slew of …
Oklahoma City and Atlanta — On September 25, 2018, Sonic Corp. and Inspire Brands, Inc. entered into a definitive merger agreement under which Inspire will acquire Sonic for $43.50 per share in cash in a transaction valued at approximately $2.3 billion including the assumption of Sonic’s net debt.
Dublin, Ohio — The Wendy’s Company has accepted an offer from Inspire Brands (owner of Arby’s®, Buffalo Wild Wings® and R Taco®) to sell its 12.3% ownership interest in the company back to Inspire Brands for $450 million. The agreement was approved by The Wendy’s Company board of directors.