M&A Deal Summary

Northwood Ventures Acquires Celebration Restaurant Group

On January 1, 2009, private equity firm Northwood Ventures acquired restaurant Celebration Restaurant Group from Yum! Brands

Acquisition Highlights
  • This is Northwood Ventures’ 5th transaction in the Restaurants sector.
  • This is Northwood Ventures’ 43rd transaction in the United States.
  • This is Northwood Ventures’ 2nd transaction in Florida.

M&A Deal Summary

Date 2009-01-01
Target Celebration Restaurant Group
Sector Restaurants
Buyer(s) Northwood Ventures
Sellers(s) Yum! Brands
Deal Type Divestiture

Target

Celebration Restaurant Group

Celebration, Florida, United States
Celebration Restaurant Group is a Pizza Hut, Taco Bell and Kentucky Fried Chicken franchisee that owns and operates 170 restaurants in the Southeastern and Midwestern US. Celebration Restaurant Group is based in Celebration, Florida.

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Buyer(S) 1

Buyer

Northwood Ventures

Syosset, New York, United States

Investor Investor Investor


Category Private Equity Firm
Founded 1983
PE ASSETS 100M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Northwood Ventures is a private investment firm that invests at all stages of company development, including venture, buyout, consolidation, growth, recapitalization, and turnaround situations. Northwood prefers opportunities located within the US and will consider both minority and control situations. Northwood's typical investment ranges from $5 to $15 million. Target sectors include telecommunications, manufacturing, retailing/consumer, financial services, and service-oriented business industries. Northwood Ventures was formed in 1983 and is based in Syosset, New York.


DEAL STATS #
Overall 46 of 71
Sector (Restaurants) 5 of 5
Type (Divestiture) 1 of 2
State (Florida) 2 of 4
Country (United States) 43 of 65
Year (2009) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-01 EzGov

Atlanta, Georgia, United States

EzGov, Inc. is a software company that enhances production and service through the delivery of e-government solutions.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-06-23 Oneida Broadband

New York, New York, United States

Oneida Broadband LLC acquires, builds, and operates broadband wireless access networks in the United States.

Sell -

Seller(S) 1

SELLER

Yum! Brands

Louisville, Kentucky, United States

Category Company
Founded 1997
Sector Restaurants
Employees35,000
Revenue 7.1B USD (2023)
DESCRIPTION
Yum! Brands' corporate headquarters in Louisville, Kentucky.
Yum! Brands' corporate headquarters in Louisville, Kentucky.

Yum! Brands is a global restaurant serving customers primarily through three concepts including KFC, Pizza Hut and Taco Bell. The Company develops, operates, franchises and licenses a worldwide system of restaurants which prepare, package and sell a menu of competitively priced food items. Yum! Brands was founded in 1997 and is based in Louisville, Kentucky.


DEAL STATS #
Overall 1 of 3
Sector (Restaurants) 1 of 2
Type (Divestiture) 1 of 3
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2009) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-26 Little Sheep Group

Baotou, China

Little Sheep Group Ltd. is a hot pot restaurant chain with branches throughout Asia and internationally. It operates company-owned and franchise restaurants specialising in Mongolian-style hot pot cuisine throughout China and Hong Kong as well as Macau, Japan, the US, Canada and Indonesia. The company differentiates itself from other hotpot restaurants by offering high quality Mongolian mutton cooked in a “special recipe” soup base which was created by its founder.

Buy $586M