M&A Deal Summary

CKE Restaurants Acquires Santa Barbara Restaurant Group

On March 1, 2002, CKE Restaurants acquired restaurant Santa Barbara Restaurant Group

Acquisition Highlights
  • This is CKE Restaurants’ 1st transaction in the Restaurants sector.
  • This is CKE Restaurants’ 1st transaction in the United States.
  • This is CKE Restaurants’ 1st transaction in California.

M&A Deal Summary
Date 2002-03-01
Target Santa Barbara Restaurant Group
Sector Restaurants
Buyer(s) CKE Restaurants
Deal Type Add-on Acquisition

Target

Santa Barbara Restaurant Group

Santa Barbara, California, United States
Santa Barbara Restaurant Group, Inc. is a provider of hotels, restaurants and leisure services.

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Buyer(S) 1

Buyer

CKE Restaurants

Franklin, Tennessee, United States
Category Company
Founded 1941
Sector Franchising
Employees20,200
Revenue 3.9B USD (2013)
DESCRIPTION

CKE Restaurants is a franchisor and operator of quick-service restaurants. CKE owns, operates and franchises some of the most popular brands in the quick-service restaurant industry, including the Carl’s Jr., Hardee’s, Green Burrito and Red Burrito. CKE Restaurants was founded in 1941 and is based in Franklin, Tennessee.

DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2002) 1 of 1
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