Mergers/Acquisitions

Inspire Brands Completes Acquisition of Sonic Corp.

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

Flynn Restaurant Group Acquires 368 U.S. Arby’s Restaurant Locations from United States Beef Corp.

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.

MTY Enters Into an Agreement to Acquire South St. Burger

South St. Burger has 40 locations in Canada.

Hyatt Completes Acquisition of Two Roads Hospitality

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

FAT Brands Acquires Yalla Mediterranean

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

Pebblebrook Hotel Trust Completes Acquisition of LaSalle Hotel Properties

With a portfolio of 64 upper-upscale and luxury hotels in or near 18 key urban markets, the combined company is now the largest owner of independent, lifestyle hotels.

Radisson Hospitality Acquired by Chinese Hospitality Company Jin Jiang International

Jin Jiang now owns 50.21% of the shares of Radisson.

Hyatt Acquires Two Roads Hospitality

Hyatt acquires Alila, Destination, Joie de Vivre, Thompson and tommie brands equal to 85 properties in eight countries.

Geolo Capital Agrees to Sell Two Roads Hospitality to Hyatt Hotels

Geolo will no longer be a principal shareholder of Two Roads Hospitality, but it will remain the largest owner of hotels managed by Hyatt.

Shiji Completes Acquisition of StayNTouch

Company's focus is to accelerate StayNTouch's successful growth trajectory using Shiji Group’s existing network of sales and support teams.

Lowe Makes Statement on Its Part in the Sale of Two Roads Hospitality to Hyatt

Two Roads was created from a Lowe subsidiary merged with a Geolo-owned company.

Alleghany Capital Corporation Announces Investment in Concord Hospitality Enterprises Company

Concord manages more than 100 properties and nearly 15,000 rooms across North America.

Pebblebrook Hotel Trust, LaSalle Hotel Properties Announce Merger

Combination of Pebblebrook and LaSalle will form the largest owner of independent hotels and the third-largest lodging reit by enterprise value.

Pebblebrook Hotel Trust Increases Terms of Offer to Merge with LaSalle Hotel Properties

Increases number of LaSalle Common Shares that can receive cash to 30% of outstanding