SPB Hospitality Acquires J. Alexander's Holdings for $220 Million
September 30, 2022
SPB Hospitality LLC completed its acquisition of J. Alexander's Holdings, Inc. in an all-cash transaction valued at approximately $220 million. Upon closing, each J. Alexander's share was converted into the right to receive $14.00 in cash per share.
- Buyers
- SPB Hospitality LLC
- Targets
- J. Alexander's Holdings, Inc.
- Industry
- Restaurants & Hospitality
- Location
- Tennessee, United States
- Transaction Type
- Buyout
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