List of 13 Minnesota-based Restaurants Companies

Name	Sector	Revenue $mlns	M&A Activity			Last 5 Years
Name	Sector	Revenue $mlns	Total	Buy	Sell	Last 5 Years
Buffalo Wild Wings, Inc. Acquired Inspire Brands 2017-11-28 $2.9B Minneapolis, Minnesota, United States website	Restaurants	1,813	4	2	2
bd’s Mongolian Grill Private Burnsville, Minnesota, United States website	Restaurants	-	1	1	-
Caribou Coffee Co, Inc. Acquired Joh. A. Benckiser GmbH 2012-12-18 $340M Minneapolis, Minnesota, United States website	Restaurants	327	1	1	-
Buffalo Wild Wings, Inc. - Wing Business Private Minneapolis, Minnesota, United States	Restaurants	-	-	-	-
BBQ Holdings Acquired MTY 2022-08-09 $200M Minnetonka, Minnesota, United States website	Restaurants	206	-	-	-
New French Bakery Acquired Rise Baking 2018-08-09 Minneapolis, Minnesota, United States website	Restaurants	-	-	-	-
Dunn Bros Coffee PE Backed Gala Capital Partners 2022-09-29 Minneapolis, Minnesota, United States website	Restaurants	-	-	-	-
Ovation Brands, Inc. Private Eagan, Minnesota, United States website	Restaurants	-	-	-	-
Leeann Chin, Inc. Acquired Mandarin Hotel Holdings 2007-03-01 Bloomington, Minnesota, United States website	Restaurants	-	-	-	-
Carlson Co., Inc. Private Minneapolis, Minnesota, United States	Restaurants	-	1	-	1
Minnesota Pizza Company, LLC Acquired Papa John’s 1999-03-28 $5.4M Minnesota, United States	Restaurants	-	-	-	-
Hanwest Properties LLC Acquired Synergy Property LLC 2005-06-27 Minneapolis, Minnesota, United States website	Restaurants	-	-	-	-
Oceanaire Acquired Landry's, Inc. 2010-04-30 Minneapolis, Minnesota, United States website	Restaurants	-	-	-	-

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