Mergers/Acquisitions

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Mergers/Acquisitions

IHG Welcomes Six Senses Hotels Resorts Spas to Its Family of Brands

Six Senses is known for its focus on wellness and sustainability.

Travel Tripper and Pegasus Announce Merger

Merger will make it easier for hoteliers to directly own end-customer relationships and maximize bottom-line ROI.

TriArtisan Capital Partners LLC and Paulson & Co. Inc. purchased the Chinese restaurant chain from private equity firm Centerbridge Partners LP.

Acquisition adds Loyalty Advantage's expertise in aviation, travel, retail and hospitality to Ascenda.

Aimbridge Hospitality has a management portfolio that includes approximately 800 upscale, independent and branded hotels with more than 100,000 rooms.

Restaurant operators face three major challenges with consolidation occurring in the tech space

Asia's largest food service company acquired a 40% stake in Smashburger in 2015 and acquired an additional 45% of the company in February 2018.

With this acquisition, Flynn Restaurant Group will own and operate a combined total of 1,245 quick-service, fast casual and casual dining restaurants, generating $2.3 billion in sales.

Kenall is a manufacturer of energy efficient and sustainable specification grade lighting and control solutions for commercial, industrial and institutional buildings.

With the acquisition of Sonic, Inspire now encompasses more than 8,300 restaurants with annual sales of $12B.

Acquisition price revised to $405 million from $480 million; additional potential consideration revised to $96 million from $120 million.

Los Angeles-based Mediterranean Cuisine Chain increases FAT Brands franchises to more than 300 restaurants worldwide.

Acquisition will expand Waitr’s footprint to over 500 cities in 22 states.

South St. Burger has 40 locations in Canada.

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