Special Situations/Distressed • Restaurants

SPB Hospitality Acquires CraftWorks

On June 12, 2020, SPB Hospitality acquired restaurant CraftWorks

Acquisition Context
  • This is SPB Hospitality’s 1st transaction in the Restaurants sector.
  • This is SPB Hospitality’s 1st transaction in the United States.
  • This is SPB Hospitality’s 1st transaction in Tennessee.

Explore All 34 Special Situations/Distressed Restaurants Deals - Search the Database Free


M&A Deal Summary

Date June 12, 2020
Target CraftWorks
Sector Restaurants
Buyer(s) SPB Hospitality
Deal Type Special Situations/Distressed

Target Company

CraftWorks

Chattanooga, Tennessee, United States
CraftWorks is a multi-brand restaurant operator headquartered in dual offices between Chattanooga, Tennessee and Broomfield, Colorado USA. It operates restaurants, brewery restaurants and entertainment venues.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

SPB Hospitality

Houston, Texas, United States

Category Company
Sector Restaurants
DESCRIPTION

SPB Hospitality is an operator and franchisor of restaurant brands across the quick-service, casual and full-service dining segments in the United States. The company manages a portfolio of brands spanning multiple restaurant concepts and breweries, serving guests across the US. SPB Hospitality is headquartered in Houston, Texas.


Deal Context for Buyer #
Overall 1 of 1
Sector: Restaurants 1 of 1
Type: Special Situations/Distressed 1 of 1
State: Tennessee 1 of 1
Country: United States 1 of 1
Year: 2020 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-10 Rock Bottom Restaurant & Brewery

Louisville, Colorado, United States

Rock Bottom Restaurant & Brewery is a full-service casual dining and brewpub chain where each location brews craft beer on-site and offers a menu of American fare complemented by the in-house beers. Rock Bottom Restaurant & Brewery is headquartered in Louisville, Colorado.

Sell -