Diversified Restaurant Holdings Acquires Nine Buffalo Wild Wings Restaurants in Chicago
February 28, 2019
Diversified Restaurant Holdings, Inc. (Nasdaq: SAUC) entered into an agreement to acquire nine Buffalo Wild Wings restaurants in the Chicago market for $22.5 million. The acquisition expands DRH’s Midwest footprint, adds scale to leverage infrastructure and marketing, and is expected to close in Q2 subject to franchisor consent and customary conditions.
- Buyers
- Diversified Restaurant Holdings, Inc.
- Targets
- Nine Buffalo Wild Wings restaurants (Chicago market)
- Industry
- Restaurants & Hospitality
- Location
- Illinois, United States
- Transaction Type
- Buyout
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