M&A Deal Summary

Authentic Restaurant Brands Acquires Pollo Tropical

On August 7, 2023, Authentic Restaurant Brands acquired franchising company Pollo Tropical

Acquisition Highlights
  • This is Authentic Restaurant Brands’ 1st transaction in the Franchising sector.
  • This is Authentic Restaurant Brands’ 4th transaction in the United States.
  • This is Authentic Restaurant Brands’ 1st transaction in Florida.

M&A Deal Summary

Date 2023-08-07
Target Pollo Tropical
Sector Franchising
Buyer(s) Authentic Restaurant Brands
Deal Type Add-on Acquisition
Advisor(s) Jefferies (Financial)
Gibson, Dunn & Crutcher (Legal)

Target

Pollo Tropical

Miami, Florida, United States
Pollo Tropical is a QSR+ restaurant that serves fire-grilled, citrus-marinated chicken and other freshly prepared menu items in a Caribbean-inspired atmosphere across 130+ locations in Florida. Pollo Tropical is based in Miami, Florida.

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Buyer(S) 1

Buyer

Authentic Restaurant Brands

New York, New York, United States

Category Company
Founded 2021
Sector Restaurants
DESCRIPTION

Authentic Restaurant Brands is a holding company of regional food and beverage brands. Authentic Restaurant Brands was formed in 2021 and is based in New York, New York.


DEAL STATS #
Overall 4 of 5
Sector: Franchising M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 5
State: Florida M&A 1 of 1
Country: United States M&A 4 of 5
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-10 Mambo Seafood

Houston, Texas, United States

Mambo Seafood is an affordable seafood restaurant chain. The Company has grown to 10+ units in Texas. Mambo Seafood is based in Houston, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-03 Tavern in the Square

Boston, Massachusetts, United States

Tavern in the Square is an iconic New England polished-casual dining brand. Tavern in the Square is based in Boston, Massachusetts.

Buy -