M&A Deal Summary

PPX Hospitality Brands Acquires Strega Italiano

On January 29, 2020, PPX Hospitality Brands acquired restaurant Strega Italiano

Acquisition Highlights
  • This is PPX Hospitality Brands’ 1st transaction in the Restaurants sector.
  • This is PPX Hospitality Brands’ 1st transaction in the United States.
  • This is PPX Hospitality Brands’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2020-01-29
Target Strega Italiano
Sector Restaurants
Buyer(s) PPX Hospitality Brands
Deal Type Add-on Acquisition

Target

Strega Italiano

Boston, Massachusetts, United States
Strega Italiano is an Italian dining concept and restaurant chain. Strega Italiano is based in Boston, Massachusetts.

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Buyer(S) 1

Buyer

PPX Hospitality Brands

Medford, Massachusetts, United States

Category Company
Founded 2020
Sector Restaurants
DESCRIPTION

PPX Hospitality Brands is a collection of restaurant and other consumer brands. PPX was formed in 2020 and is based in Medford, Massachusetts.


DEAL STATS #
Overall 1 of 2
Sector: Restaurants M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
State: Massachusetts M&A 1 of 2
Country: United States M&A 1 of 2
Year: 2020 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-22 Legal Sea Foods

Boston, Massachusetts, United States

Legal Sea Foods is a seafood restaurant in 6 states (and Washington, D.C.) across 8 unique restaurant concepts. The Company produces, markets and sells Legal Sea Foods branded seafood products directly to consumers via its website and at retail through select specialty retailers. Legal Sea Foods was established in 1968 and is based in Boston, Massachusetts.

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