M&A Deal Summary |
|
|---|---|
| Date | 2012-08-29 |
| Target | Yard House USA |
| Sector | Restaurants |
| Buyer(s) | Darden |
| Sellers(s) | TSG Consumer Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 585M USD |
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| Category | Company |
|---|---|
| Founded | 1968 |
| Sector | Restaurants |
| Employees | 177,895 |
| Revenue | 10.5B USD (2023) |
Darden is a large full-service restaurant company that owns and operates more than 2,100 restaurants. Darden is recognized for a culture that rewards caring for and responding to people. Darden's restaurants includes Olive Garden, LongHorn Steakhouse, Bahama Breeze, Seasons 52, The Capital Grille, Eddie V's and Yard House. Darden was formed in 1968 and is based in Orlando, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 4 |
| Sector (Restaurants) | 2 of 4 |
| Type (Add-on Acquisition) | 2 of 4 |
| State (California) | 1 of 1 |
| Country (United States) | 2 of 4 |
| Year (2012) | 1 of 1 |
| Size (of disclosed) | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-10-12 |
Eddie V s Restaurants
Orlando, Florida, United States Eddie V's Restaurants consists of Eddie V's Prime Seafood and Wildfish Seafood Grille, upscale dining options with several locations across the US. Eddie V's was formed in 2000 an is headquartered in Orlando, Florida. |
Buy | $59M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-05-16 |
Red Lobster
Orlando, Florida, United States Red Lobster is a seafood restaurant concept operating more than 700 restaurants across the U.S. and Canada and a growing international franchisee footprint. Red Lobster is focused on delivering freshly prepared, high-quality seafood dishes at reasonable prices including an extensive menu featuring fresh fish, shrimp, crab, lobster, scallops, and other seafood and non-seafood options. Headquartered in Orlando, Florida, the Red Lobster team comprises more than 58,000 associates. |
Sell | $2.1B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 14.0B USD |
| Size | Mega |
| Type | Sector Focused |
TSG Consumer Partners (formerly known as The Shansby Group) is a specialist private equity firm focused on acquiring and building mid-sized, branded consumer companies. TSG invests in private and publicly traded companies, and will consider both majority and minority equity positions. Specific sectors of interest include apparel, beauty, e-commerce, personal care, retail, food/beverages, restaurants, health/wellness, household products, and pet care. TSG looks for companies with sales between $20 million and $1.5 billion and can invest commit up to $500 million per transaction. TSG Consumer Partners was formed in 1987 and is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 40 |
| Sector (Restaurants) | 1 of 1 |
| Type (Add-on Acquisition) | 12 of 31 |
| State (California) | 6 of 17 |
| Country (United States) | 14 of 38 |
| Year (2012) | 2 of 2 |
| Size (of disclosed) | 3 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-08-16 |
NeuroBrands
Santa Monica, California, United States Neurobrands LLC is a producer of health drink, Neuro. NeuroBrands a beverage line that supports healthy and active living. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-01-03 |
Planet Fitness
Hampton, New Hampshire, United States Planet Fitness is a franchisor and operator of fitness centers in the United States, with more than 12.5 million members and 1,700+ stores in 50 states, the District of Columbia, Puerto Rico, Canada, the Dominican Republic, Panama, and Mexico. Planet Fitness was formed in 1992 and is based in Hampton, New Hampshire. |
Buy | - |
