Restaurant Recruiting Firms
2021 was another busy one for mergers in the restaurant industry. From Capriotti's Sandwich Shop buying Wing Zone in January to Jack in the Box purchasing Del Taco in December, there were still a few weeks to go.
One year ago, NPC International's summer 2020 bankruptcy was the most significant M&A story. This resulted in 2021 Q1 sales by Wendy's and Pizza Hut units, to Flynn Restaurant Group, Wendy's parent, and Delight Restaurant Group.
Fat Brands was the company with the most significant moves in 2018, having acquired four restaurants chains in 2021, after purchasing Johnny Rockets in 2020.
Squarespace acquired reservations platform Tock from Restaurant Technology in March. Sweetgreen purchased Spyce in August.
Multiconcept operator JAB Holding Co. gathered its early daypart brands under one platform in August. This was the largest transaction of the year. Panera Brands announced in November that it would be returning to the public markets. Restaurant Brands International also announced in November that it would add Firehouse Subs into its portfolio.
You can click through the gallery to see more information about these acquisitions, and other 2021-related items.
The Key Issues Facing Foodservice Operators in the Year 2022
Many of the concerns that plagued last year's year still linger as we start a new year. Operators continue to be challenged by the effects of the labor market collapse and pandemics. Restaurant operations and their economic performance are being hampered by a weak supply chain and high inflation. The COVID variants continue to exist and prevent full-scale customer returns to restaurants. How can operators overcome these problems and how can they proactively ensure profitability?
Register for the webinar to hear from operators and experts who will give insight into your 2022 goals. Learn more:
- What to do to make sure your supply chain is in good shape and provide the best service for your customers
- How to combat rising prices and costs.
- What are some culinary innovations and solutions that you can make to reduce supply chain costs and problems?
- How to capitalize on the demand for delivery and to-go
Check more at Restaurant Recruiting Firms.