M&A Deal Summary

SPB Hospitality Acquires CraftWorks

On June 12, 2020, SPB Hospitality acquired restaurant CraftWorks

Acquisition Highlights
  • 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.

M&A Deal Summary

Date 2020-06-12
Target CraftWorks
Sector Restaurants
Buyer(s) SPB Hospitality
Deal Type Special Situations/Distressed

Target

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.

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Buyer(S) 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 STATS #
Overall 1 of 1
Sector: Restaurants M&A 1 of 1
Type: Special Situations/Distressed M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 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.

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