Explore All 15 Divestiture Franchising Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | July 20, 2022 |
| Target | Keke’s Breakfast Cafe |
| Sector | Franchising |
| Buyer(s) | K2 Restaurants |
| Sellers(s) | Denny s |
| Deal Type | Divestiture |
| Deal Value | 83M USD |
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| Category | Company |
|---|---|
| Founded | 2018 |
| Sector | Business Services |
K2 Restaurants specializes in consulting projects and food & beverage management including hotels, independent and licensed restaurants and bars, project revivals, and general operations + marketing support. K2 Restaurants was founded in 2018 and is based in West Hollywood, California.
| Deal Context for Buyer | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Franchising | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| State: Florida | 1 of 1 |
| Country: United States | 1 of 1 |
| Year: 2022 | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1953 |
| Sector | Restaurants |
| Employees | 3,800 |
| Revenue | 452M USD (2024) |
Denny’s operates a network of casual dining restaurants serving breakfast, lunch, and dinner items across the United States and internationally. Denny's menu includes traditional diner fare such as pancakes, burgers, sandwiches, and salads, with many locations open 24 hours a day. Denny’s was founded in 1953 and is headquartered in Spartanburg, South Carolina.
| Deal Context for Seller | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Franchising | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| State: Florida | 1 of 1 |
| Country: United States | 1 of 1 |
| Year: 2022 | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
