The ONE Group Acquires Safflower Holdings Corp., Owner of Benihana
May 1, 2024
The ONE Group Hospitality, Inc. completed its acquisition of Safflower Holdings Corp., the owner of Benihana Inc., for $365 million in cash. The deal brings nearly 6,500 Benihana employees into The ONE Group and is intended to expand and diversify the company's experiential VIBE restaurant portfolio.
- Buyers
- The ONE Group Hospitality, Inc.
- Targets
- Safflower Holdings Corp. (owner of Benihana Inc.)
- Industry
- Restaurants & Hospitality
- Location
- Florida, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
SoftwareOne Acquires Beniva Consulting Group Inc.
May 17, 2023
IT Services
SoftwareOne Holding AG has agreed to acquire Beniva Consulting Group Inc., a Calgary-based ServiceNow, ITOM and cloud advisory consultancy. The deal brings Beniva's team of more than 75 cloud technology experts into SoftwareOne to strengthen its ServiceNow, IT Operations Management and IT Asset Management service offerings; terms were not disclosed.
-
The Hershey Company Acquires ONE Brands
September 23, 2019
Food & Beverage
The Hershey Company completed its acquisition of ONE Brands, LLC, a maker of low-sugar, high-protein nutrition bars, for $397 million (approximately $325 million net of tax benefits). The purchase expands Hershey's better-for-you snacking portfolio and is expected to be accretive to earnings in the first full year post-close.
-
Bain Capital to Acquire York Holdings' Supermarket & Specialty Stores Business from Seven & i Holdings
March 6, 2025
Retail
Bain Capital has signed a definitive agreement to acquire York Holdings' headquarters and subsidiary management functions along with its supermarket and specialty store businesses (SST Business Group) from Seven & i Holdings. The SST group includes chains such as Ito-Yokado, York-Benimaru, Loft, Akachan Honpo, and Seven & i Food Systems (which operates Denny's). Bain said it will support operational growth, leverage its real estate expertise to enhance group-operated facilities, and may pursue an IPO of the business in the coming years.
-
Brothers International Acquires Hosh International
April 18, 2023
Food & Beverage
Benford Capital Partners' portfolio company Brothers International has acquired Hosh International, adding a B2B fruit and vegetable juice concentrate and puree supplier to its ingredients platform. Emad Hosh will remain as a minority owner and both businesses will continue operating under their respective names while Benford/Brothers pursue further add-on consolidation and invest in growth initiatives.
-
Brentwood Associates Acquires Majority Interest in Hissho Sushi
May 24, 2022
Restaurants & Hospitality
Brentwood Associates has acquired a majority interest in Hissho Sushi, partnering with Continental Grain Company and co-investors Portfolio Advisors, LLC and Pine Mountain Ventures. The transaction, which buys ownership from Jeff Vinik, Ingleside Investors, founder Philip Maung, Beem Holdings and management, will keep the existing management team in place to drive further growth across Hissho's >2,000 distribution points nationwide.
-
Innovative Food Holdings Acquires Assets of Golden Organics
October 18, 2024
Food & Beverage
Innovative Food Holdings, Inc. (IVFH) entered into a definitive agreement to acquire 100% of the assets of Golden Organics, LLC for $1.75 million ($1.4M cash and a $350k five-year seller note). Golden Organics, a Denver/Golden, Colorado-based specialty organic food distributor with ~$6.8M trailing-twelve-month revenue and a 22,000 sq. ft. leased warehouse, will expand IVFH's product assortment, sourcing capabilities and customer base across foodservice, manufacturing and retail channels.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.