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February 26, 2021
Ron Leonhardt Buys Velvet Tango Room
CrossCountry Mortgage CEO Ron Leonhardt Jr. has acquired the Velvet Tango Room, one of Cleveland's leading cocktail bars located between the city's Tremont and Ohio City neighborhoods, according to news reports....
By Michael Marzec
July 16, 2020
Saucy Brew Works Raises Capital Through Crowdfunding
The Cleveland-based production brewery and brewpub in Ohio City has raised more than $250,000 of an intended $1.07 million through crowdfunding site StartEngine....
By Michael Marzec
February 24, 2020
Condado Tacos takes on new investor, The Beekman Group
Condado Tacos is partnering with The Beekman Group LLC, a private equity firm based in New York City, for its next chapter of growth. The build-your-own taco concept plans to use the funds to optimize its expansion into new markets....
By Jayne Gest
January 13, 2020
Middleby Buys RAM Fry Dispensers
The Middleby Corp. announced the acquisition of RAM Fry Dispensers, a business unit of Automated Equipment LLC based in Red Wing, Minnesota. RAM is an industry leader in automated frozen fry dispensing equipment....
By Mark Scott
November 20, 2019
Middleby Buys California-Based Brava Home Inc.
Brava offers proprietary cooking-by-light technology which is intended to provide users a fast, flexible, space saving and eco-friendly appliance for their kitchen counter....
By Mark Scott
November 6, 2019
NY-Based ICV To Buy Diversified Restaurant Holdings
DRH is one of the largest franchisees for Buffalo Wild Wings® ("BWW") with 64 sports bars across five states....
By Mark Scott
October 30, 2019
TravelCenters Of America, IHOP Finalize Franchise Development Plan
The intent is to open up to 94 IHOP restaurants over the next five years in TA and Petro-branded locations across the U.S., which will be operated by the TA Restaurant Group, a division of TravelCenters of America....
By Mark Scott
September 10, 2019
McDonald’s Invests In Voice Technology, Buys Apprente
The Apprente team will be the founding members of a new, integrated, internal group within McDonald's Global Technology team called McD Tech Labs....
By Mark Scott
April 18, 2019
Ancora's DiSanto will keep pushing for change at J. Alexander’s
Ancora will continue pushing for change at J. Alexander's after the restaurant chain rejected the investor's takeover bid....
By Mark Scott
March 15, 2019
There is no ‘exit’ for restaurant investors
Investing in a restaurant sounds glamorous, doesn’t it? And that’s become truer as TV depicts chefs as rock stars. Veteran restauranteur Craig Barnum, who raised capital for his first restaurants more than 20 years ago, paints a different picture — one where there are no clear assets or exit timelines....
By Jayne Gest
February 18, 2019
Market Garden's Sam McNulty
Sam McNulty talks about his approach to dealmaking, the value of strong partnerships and his keys to success....
By Mark Scott
