M&A Deal Summary

Cheddar’s Casual Cafe Acquires George Greer - 44 Restaurant Locations

On January 5, 2017, Cheddar’s Casual Cafe acquired restaurant George Greer - 44 Restaurant Locations from George Greer

Acquisition Highlights
  • This is Cheddar’s Casual Cafe’s 1st transaction in the Restaurants sector.
  • This is Cheddar’s Casual Cafe’s 1st transaction in the United States.
  • This is Cheddar’s Casual Cafe’s 1st transaction in Rhode Island.

M&A Deal Summary

Date 2017-01-05
Target George Greer - 44 Restaurant Locations
Sector Restaurants
Buyer(s) Cheddar’s Casual Cafe
Sellers(s) George Greer
Deal Type Divestiture

Target

George Greer - 44 Restaurant Locations

Providence, Rhode Island, United States
George Greer Co., Inc. - 44 Restaurant Locations is a provider of restaurant services in US.

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Buyer(S) 1

Buyer

Cheddar’s Casual Cafe

Irving, Texas, United States

Category Company
Founded 1978
Sector Restaurants
DESCRIPTION

Cheddar’s Casual Cafe, Inc. is a multi-concept casual dining restaurant company offers appetizers, salads, soups, burgers, sides, sandwiches, steaks, ribs, desserts, and entrees; and beverages, such as sweet tea vodkas, amaretto, lemonades, landslide martinis, spicy mango mojitos, margaritas, and fruit infused teas.


DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Divestiture) 1 of 1
State (Rhode Island) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1

Seller(S) 1

SELLER

George Greer

Providence, Rhode Island, United States

Category Company
Founded 1934
Sector Distribution
DESCRIPTION

George Greer Co., Inc. is a snack food distributor serving Rhode Island, eastern Massachusetts and New Hampshire markets.


DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Divestiture) 1 of 1
State (Rhode Island) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1