Friendly s - Ownership and Business Overview

RestaurantsCompany

Friendly s Ownership

Who owns Friendly s?

.

Was Friendly s formerly PE-backed?

Yes. Friendly s was formerly owned by 1 private investor.

Friendly s Business Overview

Where is Friendly s headquartered?

Friendly s is headquartered in Wilbraham, Massachusetts.

What sector is Friendly s in?

Friendly s is a restaurants company.

Restaurants M&A Summary in

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Friendly's

Friendly’s Ice Cream LLC

1855 Boston Road,
Wilbraham, Massachusetts 01095
United States,
(800) 966-9970
www.friendlys.com

Friendly's is a vertically-integrated restaurant company serving signature sandwiches, entrees, and ice cream desserts in a friendly family environment in 510 company and franchised stores throughout the Northeast and several southeastern states. Friendly's also makes ice cream, which is distributed through more than 4,000 supermarkets and other retail locations. Friendly's is based in Wilbraham, Massachusetts.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # - - - - - - 0
Sell (0.0/yr) # 1 - - - - - 1
vol $155M $155M
  1

Most Recent M&A

Company Date Value Type
Friendly's Ice Cream LLC - Cream Retail and Manufacturing Business 2016-06-20 155M USD Divestiture
Wilbraham, Massachusetts
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Food - - 1 (100%) 155M (100%)
Total - - 1 $155M

By Geo

State/Country Buy Value Sell Value
United States - - 1 155M
  Massachusetts - - 1 155M
Total - - 1 $155M

Top M&A Advisors

Financial Deals
Lazard Middle Market
1
Legal Deals
Morgan Lewis
1

Deal Values

sell # Total
$100M to $1B 1 $155M
TOTAL $155M
Largest Friendly's Ice Cream LLC - Cream Retail and Manufacturing Business
$155M (2016-06-20)

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

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