Darden Restaurants Acquires Chuy's Holdings, Inc.

Darden Restaurants Acquires Ruth's Hospitality Group

May 3, 2023

Restaurants & Hospitality

Darden Restaurants agreed to acquire all outstanding shares of Ruth's Hospitality Group, the owner/operator of Ruth's Chris Steak House, in an all-cash transaction valued at about $715 million ($21.50 per share). The deal, which closed June 14, 2023 via a tender offer and short-form merger, brings roughly 155 Ruth's Chris locations and nearly 5,000 team members into Darden's portfolio of restaurant brands.

TriArtisan‑Led Consortium Acquires Denny's Corporation

January 16, 2026

Restaurants & Hospitality

A consortium led by TriArtisan Capital Advisors, alongside Treville Capital Group and franchisee Yadav Enterprises, completed the all‑cash acquisition of Denny's Corporation on January 16, 2026. Shareholders received $6.25 per share (approximately $620 million enterprise value), Denny's common stock ceased trading on Nasdaq, and the new owners said they will invest in the brands, support franchisees and accelerate growth initiatives.

Jack in the Box Acquires Del Taco for Approximately $585 Million

March 8, 2022

Restaurants & Hospitality

Jack in the Box Inc. completed its acquisition of Del Taco Restaurants, Inc. for approximately $585 million, paying Del Taco stockholders $12.51 per share in cash. Del Taco’s common stock will be delisted from NASDAQ as the combined company pursues greater scale, unit growth and investments in digital and technology capabilities to strengthen both QSR brands.

Dine Brands Acquires Fuzzy's Taco Shop

December 5, 2022

Restaurants & Hospitality

Dine Brands Global, Inc. agreed to acquire Fuzzy's Taco Shop from Experiential Brands LLC (a subsidiary of NRD Holding Company) for $80 million in cash. The purchase adds a fast-casual, largely franchised Mexican concept with 138 restaurants to Dine Brands' portfolio and is expected to be accretive to earnings while supporting Fuzzy's growth plans.

MTY Food Group Acquires BBQ Holdings for $17.25 per Share

September 28, 2022

Restaurants & Hospitality

MTY Food Group Inc. completed the acquisition of BBQ Holdings, Inc. through a merger, with each outstanding BBQ Holdings share converted into the right to receive US$17.25 in cash. As a result, BBQ Holdings became an indirect wholly-owned subsidiary of MTY and its common stock ceased trading on Nasdaq; the BBQ support center will continue to operate in Minnetonka, Minnesota.

C.H. Guenther & Son Acquires Fresca Mexican Foods

June 23, 2025

Food & Beverage

San Antonio-headquartered C.H. Guenther & Son (CHG), a Pritzker Private Capital-backed food manufacturer, has acquired Fresca Mexican Foods, a Caldwell, Idaho-based producer of flour and corn tortillas and tortilla chips. The acquisition expands CHG's tortilla manufacturing capacity, adds Fresca's 190,000 sq. ft. facility and ~375 employees, and deepens CHG's relationships with QSR, foodservice and private-label customers.