M&A Deal Summary

First Watch Acquires The Egg & I Restaurants

On May 27, 2015, First Watch acquired restaurant The Egg & I Restaurants

Acquisition Highlights
  • This is First Watch’s 1st transaction in the Restaurants sector.
  • This is First Watch’s 1st transaction in the United States.

M&A Deal Summary

Date 2015-05-27
Target The Egg & I Restaurants
Sector Restaurants
Buyer(s) First Watch
Deal Type Add-on Acquisition

Target

The Egg & I Restaurants

United States
The Egg & I Restaurants is a breakfast, brunch and lunch restaurant company.

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Buyer(S) 1

Buyer

First Watch

Bradenton, Florida, United States

Category Company
Founded 1983
Sector Restaurants
Employees15,000
Revenue 1.0B USD (2024)
DESCRIPTION

First Watch operates full-service daytime cafés under the First Watch and The Egg & I brands. The restaurants serve breakfast, brunch, and lunch from 7 a.m. to 2:30 p.m., seven days a week. The company provides customers a unique farm-to-table experience through a variety of healthy, traditional, and indulgent offerings, with a focus on fresh ingredients and outstanding service. First Watch was founded in 1983 and is based in Bradenton, Florida.


DEAL STATS #
Overall 1 of 1
Sector: Restaurants M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1