Virtual Dining Concepts Acquires Empanadas United

Virtual Dining Concepts Acquires Man Vs. Fries

March 18, 2024

Restaurants & Hospitality

Virtual Dining Concepts (VDC) has acquired William Bonhorst’s Instagram-famous restaurant brand Man Vs. Fries. Since the acquisition three months ago, VDC has expanded the brand to roughly 130 locations nationwide and plans rapid scale (targeting 1,500 stores) while VDC handles operations and business development and Bonhorst remains on board to support brand culture.

Sabrosura Foods Acquires Pancho's Mexican Foods

November 16, 2021

Food & Beverage

Sabrosura Foods, a Bloomington, Minnesota-based marketer of Hispanic food brands and a portfolio company of Centre Partners, has acquired Pancho's Mexican Foods, the Memphis-origin refrigerated queso dip brand founded in 1956. The add-on expands Sabrosura's snacking and Hispanic cheese portfolio and aims to broaden Pancho's nationwide distribution across mass, club and grocery channels; terms were not disclosed.

Lunchbox Acquires NovaDine

June 7, 2022

Cloud & SaaS

Lunchbox, a restaurant technology platform, has entered into a definitive agreement to acquire NovaDine, an enterprise digital ordering provider for multi-unit restaurant chains. The deal will combine NovaDine's POS-integrated online and mobile ordering, catering and delivery capabilities with Lunchbox's broader ordering, loyalty and marketing suite to expand Lunchbox's enterprise offerings and accelerate geographic growth.

Entravision Acquires MediaDonuts

July 6, 2021

Marketing & Advertising

Entravision Communications Corporation has closed the acquisition of MediaDonuts, a Singapore-headquartered digital marketing and programmatic advertising company with operations across seven Asia-Pacific countries. The deal expands Entravision's digital platform into Southeast Asia and adds a team of more than 80 employees; MediaDonuts' CEO Pieter-Jan de Kroon will remain in place.

Valante Capital Acquires Strategic Stake in American Foods

November 27, 2024

Food & Beverage

Valante Capital, the private equity arm of IDC Network, has acquired a significant stake in American Foods, a U.S.-based distributor of consumer goods to Latin America and the Caribbean. The investment will support American Foods’ regional expansion across the U.S., Latin America and the Caribbean and create commercial synergies with Valante’s portfolio company Vitali Alimentos.

CVC Capital Partners Agrees to Acquire La Piadineria from Permira

January 15, 2024

Restaurants & Hospitality

CVC Capital Partners Fund VIII has agreed to acquire 100% of Italian quick-service restaurant chain La Piadineria from funds advised by Permira. La Piadineria is a leading Italian QSR with over 400 locations and more than 2,500 employees; CVC plans to support further growth in Italy, diversify into other quick-service formats and pursue international expansion. The transaction is subject to customary regulatory approvals and was expected to close in the first half of 2024.