Aramark’s Post

📈 Burger King Acquires Carrols Corporation! 🍔👑 Under its parent company Restaurant Brands International, Burger King announced the acquisition of Carrols Restaurant Group, Inc. (NASDAQ: TAST). 🔍 Key Highlights of the Deal: Transaction Price: A striking $9.55 per share, translating to a total enterprise value of approximately $1 billion. This represents a 6.6x EV/2024E EBITDA multiple. Funding: The acquisition is strategically financed with about $200 million in cash and $750 million in debt. Closing Timeframe: Anticipated to finalize in Q2 of 2024, subject to customary closing conditions and regulatory approvals. 🚀 What This Means for Burger King: Modernization Push: Burger King aims to fully modernize Carrols' systems by 2028. This accelerated transformation is part of their 'Reclaim the Flame' initiative. Increased Presence: Carrols operates 1,022 Burger King restaurants and 60 Popeyes restaurants across 23 states – a substantial addition to Burger King's portfolio. Financial Performance: Carrols anticipates strong year-end 2023 results, with Adjusted EBITDA at the higher end of the $145-$149 million range. The deal is structured to be neutral to Adjusted Diluted Earnings per Share. 🌐 Broader Industry Impact: Market Dynamics: This acquisition signifies a strategic move in the fast-food sector, potentially influencing market trends and competitor strategies. #Finance #MergersAndAcquisitions #BurgerKing #CarrolsRestaurantGroup #FastFoodIndustry #MarketAnalysis

During the first half of 2024, restaurant M&A activity remained at similar levels as the same period in 2023. This first half of the year there were numerous transactions in the fast-casual segment (including Tijuana Flats, Tropical Café, Veggie Grill, Clean Juice, and others) as well as franchisees changing hands (notably the acquisition of Carrols by RBI but also groups of between 20-70 units for QSR chains such as Wendy’s, KFC, Zaxby’s, and McDonalds). We expect consolidation to continue, and there is still a lot of opportunity to corner the market in certain segments, cuisines, and geographies and to innovate new ways of meeting customer demand.    If you are evaluating a foodservice acquisition target, we recommend you don’t skip due diligence. Without exception, the process reveals new perspective and insight across functional areas (from the efficacy of marketing and brand strength to how the P&L may change under different scenarios) that will contribute to improved business strength and performance during the holding period. #restaurants #investing #acquisitions

More grocers are enticing consumers to DINE IN with cost-efficient meal options, while the industry awaits to hear about a potential merger that could have a MAJOR IMPACT ON DELIVERY. All that and more in this week’s The Friday 5 👉🏽 https://lnkd.in/e8n_FTwA #foodretail #grocery #retailnews

#BurgerKing parent #RestaurantBrandsInternational (TSX:QSR, NYSE:QSR) has inked a deal to buy the #CarrolsRestaurant Group, the largest Burger King franchisee in the US, for $1 billion.  Carrols operates 1,022 locations across 23 states, along with 60 #Popeyes locations in 6 states.  The deal values Carrols at $9.55 per share. Shares of the company 13% to $9.52 Tuesday morning, while Restaurant Brands stock fell 3% to $76.06.  The move is part of a strategy to grow sales and improve franchisee profits, according to reports. Specifically, Burger King expects to invest $500 million to remodel 600 of the newly acquired locations.  In addition to Burger King and Popeyes, Restaurant Brands also owns #TimHortons (TSX:THI) and #FirehouseSubs.  More at #Proactive #ProactiveInvestors #TSX #NYSE #QSR http://ow.ly/hAPy10595N3

Britvic Accepts Carlsberg’s £3.3 Billion Offer After Declining Previous Bids Exciting developments in the beverage industry! Britvic has accepted Carlsberg’s substantial £3.3 billion offer, marking a significant shift after declining previous bids. This strategic move positions Britvic for accelerated growth and enhances Carlsberg's market presence in the beverage sector. "We believe this partnership will unlock new opportunities and create value for our stakeholders," said [CEO/Spokesperson Name]. The deal underscores Britvic's commitment to innovation and expansion in a competitive market. https://lnkd.in/eF95mkPV 🔹 #Britvic #Carlsberg #BeverageIndustry #Acquisition #BusinessNews #MarketExpansion #StrategicPartnership 📢 Your Thoughts? How do you think this acquisition will impact the beverage industry? Share your insights and join the discussion on this exciting development!

Seale & Associates, Inc. is pleased to share our latest report on the restaurant franchise sector. In this report, we explore the most prominent trends and the latest operations defining and transforming the industry. The global restaurant franchise market continues to grow, with projected sales reaching US$1.1 trillion by 2024. Restaurants are adopting technologies such as digital ordering, loyalty programs, and AI-driven menu recommendations to improve efficiency and customer experience. Consumers are prioritizing experiences over goods, favoring quick-service and casual dining restaurants. After a slow period in 2022 and 2023, merger and acquisition activity is recovering. The industry remains highly competitive, with major players like McDonald's, KFC, and Subway continuously innovating.   This report offers essential insights into current trends for business leaders, M&A-focused professionals, and all those interested in these trends. It highlights the rise of global transactions and the valuation of leading companies in the sector, such as Alsea, CMR SAB de CV, Restaurant Brands International, and Yum! Brands. The variation in the size of the M&A market, showing a significant increase in transaction value over the years, underscores the importance of adapting to market changes.   To receive this quarterly report and/or our monthly and sectoral reports, subscribe at https://lnkd.in/gmxEs6E4.   #RestaurantIndustry #RestaurantFranchises #Market #MnA #Investment #IndustryTrends #BusinessStrategy #MergersAndAcquisitions #QuarterlyReport #Mergers #Acquisitions

In light of the Kroger-Alberstons merger and strong consolidation of ownership in a market like Chicago, there is room for an up-and-coming grocer that can differentiate itself. Longtime Chicagoans might remember a similar story. Mariano's expanded rapidly off the back of Safeway's 2013 acquisition of the Dominick's banner. Safeway led to the closure of stores when there was overlap with the Jewel-Osco banner, creating the opening for Mariano's, which was later acquired by Kroger. This Foxtrot-Dom's Kitchen merger will enable the combined entity to better compete against the grocery giant Kroger. These two are beloved banners that are redefining the neighborhood grocery experience. Furthermore, they were built with e-commerce in mind, positioning them to win over the next-gen shopper. #grocery #retail #ecommerce #foxtrot #doms

Seale & Associates, Inc. publishes the restaurant franchise report for Q1 2024. The global restaurant franchise market continues to grow, with projected sales reaching US$1.1 trillion by 2024. Restaurants are adopting technologies such as digital ordering, loyalty programs, and AI-driven menu recommendations to improve efficiency and customer experience. Consumers are prioritizing experiences over goods, favoring quick-service and casual dining restaurants. After a slow period in 2022 and 2023, merger and acquisition activity is recovering. The industry remains highly competitive, with major players like McDonald's, KFC, and Subway continuously innovating.   This report offers essential insights into current trends for business leaders, M&A-focused professionals, and all those interested in these trends. It highlights the rise of global transactions and the valuation of leading companies in the sector, such as Alsea, CMR SAB de CV, Restaurant Brands International, and Yum! Brands. The variation in the size of the M&A market, showing a significant increase in transaction value over the years, underscores the importance of adapting to market changes.   To receive this quarterly report and/or our monthly and sectoral reports, subscribe at https://lnkd.in/gmxEs6E4.   #RestaurantIndustry #RestaurantFranchises #Market #MnA #Investment #IndustryTrends #BusinessStrategy #MergersAndAcquisitions #QuarterlyReport #Mergers #Acquisitions

We are thrilled to announce today's successful restaurant buyout at Adega Gaucha Here's to many more successful buyouts in the future! For events and buyout information, please contact Claudia Serino at Claudia.serino@adegagaucha.com. #BusinessAcquisition #CompanyGrowth #StrategicExpansion #RestaurantBuyout #InvestmentOpportunity #BusinessDevelopment #CorporateGrowth #SuccessfulDeals #FutureInvestments #BusinessSuccess

🍔 Exciting News in the World of Burgers! Restaurant Brands International has officially acquired Carrols Restaurant Group, the largest Burger King franchisee in the United States, in a monumental $1.0 billion deal. This acquisition isn't just about numbers; it's about fueling growth and innovation within the Burger King family. For more details, you can refer to the article below👇 https://rb.gy/dfe9xz #cre #nnn #investor #asheville #realestate #commercialbroker #commercialproperty #burgerking