Neighborhood Restaurant Partners was acquired by Argonne Capital Group on October 14, 2011
restaurants Company

Out of 60 sectors in the Mergr database, restaurants ranked 35 in number of deals in 2011. The largest restaurants acquisition in 2011 was Skylark - which was acquired by HarbourVest Partners for $2.1B.

Join Mergr to view all 44 acquisitions of restaurants companies in 2011, including 18 acquisitions by private equity firms, and 26 by strategics.

Neighborhood Restaurant Partners LLC

6620 McGinnis Ferry Road, Suite B,
Duluth, Georgia 30097
United States,

Neighborhood Restaurant Partners ("NRP") was formed in December of 2010 to purchase all eight Applebee's restaurants in the San Antonio, Texas market. With exclusivity rights to 26 counties in Texas, NRP is focused on growing the Applebee's brand. A critical part of Neighborhood Restaurant Partners' mission is revamping older locations, creating a clean and fresh environment for customers of all ages. Argonne is utilizing this acquisition as a platform to acquire additional markets within the Applebee's system. In October of 2011, Argonne partnered with the founder of the Applebee's concept, further strengthening Argonne's relationship with the Dine Equity Brands. In May of 2012, Argonne formed Neighborhood Restaurant Partners Florida for the acquisition of 50 Applebee’s locations in the Tampa and Orlando, Florida markets.

Restaurants M&A - Last 3 Years

Neighborhood Restaurant Partners was acquired by Argonne Capital Group on October 14, 2011.

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