Yum! Brands Acquires Heartstyles

Yum! Brands Acquires The Habit Burger Grill

January 6, 2020

Restaurants & Hospitality

Yum! Brands agreed to acquire all outstanding common shares of The Habit Restaurants, Inc. (The Habit Burger Grill) for $14.00 per share in cash, a transaction valued at approximately $375 million. The acquisition adds a fast-casual, chargrill-focused restaurant concept headquartered in Irvine, California to Yum!'s portfolio and is expected to close by the end of Q2 2020, with The Habit remaining based in Irvine and reporting into Yum!'s management.

Tasty Restaurant Group (Tasty Hut) Acquires 37 Pizza Hut Locations

November 20, 2020

Restaurants & Hospitality

Tasty Restaurant Group, through its affiliate Tasty Hut and backed by Los Angeles-based private equity firm Triton Pacific, acquired 37 franchised Pizza Hut restaurants (34 in Northern Virginia and 3 in West Virginia). The deal expands Tasty Hut’s existing Pizza Hut portfolio and is intended to increase regional market share and operational economies of scale.

Tasty Hut (Triton Pacific Affiliate) Acquires 27 Pizza Hut Restaurants

June 30, 2022

Restaurants & Hospitality

Tasty Hut, LLC, a portfolio company of Tasty Brands, LP (an affiliate of Triton Pacific), acquired a portfolio of 27 franchised Pizza Hut restaurants across West Virginia, Kentucky, Ohio and Virginia for an aggregate purchase price of $8.7 million. The deal — which closed June 15, 2022 — is an add-on to Tasty Hut's existing Pizza Hut footprint and expands the platform's presence in the Appalachian region.

MTY Food Group Acquires South Street Burger

March 21, 2019

Restaurants & Hospitality

MTY Food Group Inc. announced that a wholly-owned subsidiary acquired substantially all of the assets of South Street Burger for approximately $5.1 million. The acquisition (24 franchised and 13 corporate restaurants, including one in Dubai) strengthens MTY's position in the fast-casual/gourmet burger segment and will move South Street Burger operations into MTY's Ontario offices.

HBR Consulting Acquires Younts Consulting

February 2, 2023

Legal Services

HBR Consulting, a Renovus-backed legal consulting firm, has acquired Younts Consulting to expand its content management and collaboration capabilities, including document and records management, information governance, and complex cloud deployments. The acquisition integrates Younts’ experienced CM&C team into HBR to broaden services for law firms, corporate law departments, and government clients.

UMB Financial Corporation Acquires Heartland Financial USA, Inc.

April 29, 2024

Financial Services

UMB Financial Corporation completed its previously announced all-stock acquisition of Heartland Financial USA, Inc., creating a larger regional bank with approximately $68 billion in assets and expanded operations across 13 states. The deal (announced at an implied value of about $2.0 billion and using a 0.55 share exchange ratio) increases UMB's private wealth AUM by roughly 31–32%, adds more than 100 branches and ATMs, and brings HTLF operations onto UMB platforms before full brand conversion.