Lee Equity Partners secures $23.5M for Papa Murphy's

Ares Capital has announced it's providing debt financing to support the acquisition by financial sponsor Lee Equity Partners of Papa Murphy's. Ares Capital invested approximately $23.5 million in the senior secured credit facility, according to a company statement.

Lee Equity Partners secures $23.5M for Papa Murphy's

Ares Capital has announced it's providing debt financing to support the acquisition by financial sponsor Lee Equity Partners of Papa Murphy's. Ares Capital invested approximately $23.5 million in the senior secured credit facility, according to a company statement.

Stevi B's reduces franchise royalty fees

For all new Stevi B's franchisees that sign a franchise agreement in June, the company has announced it will cut royalty fees in half for the first 12 months of their restaurant's operation. The fee will be reduced to 2.5...

Stevi B's reduces franchise royalty fees

For all new Stevi B's franchisees that sign a franchise agreement in June, the company has announced it will cut royalty fees in half for the first 12 months of their restaurant's operation. The fee will be reduced to 2.5...

NRA reports industry outlook still positive for April

The outlook for the restaurant industry remained positive in April, as the National Restaurant Association's comprehensive index of restaurant activity stood above 100 for the second consecutive month. The association's Restaurant Performance Index (RPI) – a monthly composite index that tracks the health of and outlook for the U.S.

NRA reports industry outlook still positive for April

The outlook for the restaurant industry remained positive in April, as the National Restaurant Association's comprehensive index of restaurant activity stood above 100 for the second consecutive month. The association's Restaurant Performance Index (RPI) – a monthly composite index that tracks the health of and outlook for the U.S.

First Franchise Capital to finance new Papa John's restaurants

First Franchise Capital will be financing new restaurant development in the Papa John's franchise system under a new program announced today.   "Papa John's is an outstanding brand with a long track record of successful franchisees," said John Rinaldi, First Franchise Capital president in a news release.

First Franchise Capital to finance new Papa John's restaurants

First Franchise Capital will be financing new restaurant development in the Papa John's franchise system under a new program announced today.   "Papa John's is an outstanding brand with a long track record of successful franchisees," said John Rinaldi, First Franchise Capital president in a news release.

CPK on the selling block?

California Pizza Kitchen has announced that its board of directors has authorized management to consider a wide range of financial and strategic alternatives to enhance shareholder value. The company has engaged Moelis & Co., a global investment bank, to be its exclusive financial advisor in this review.

CPK on the selling block?

California Pizza Kitchen has announced that its board of directors has authorized management to consider a wide range of financial and strategic alternatives to enhance shareholder value. The company has engaged Moelis & Co., a global investment bank, to be its exclusive financial advisor in this review.

NPD Foodservice Summit to address industry trends

The NPD Group, a leading market research company, will be bringing together foodservice executives, analysts, and researchers for a one-day foodservice summit in Chicago on April 15. The summit, which will be held at The University of Chicago's Gleacher Center,...

NPD Foodservice Summit to address industry trends

The NPD Group, a leading market research company, will be bringing together foodservice executives, analysts, and researchers for a one-day foodservice summit in Chicago on April 15. The summit, which will be held at The University of Chicago's Gleacher Center,...

NRA Show 2010: Session topics to cover timely industry trends

For operators preparing to attend the upcoming National Restaurant Association Restaurant, Hotel-Motel Show, the convention staff has lined up a full slate of expert-led professional development opportunities. Held May 22-25 at Chicago's McCormick Place, NRA Show 2010 will feature an...

NRA Show 2010: Session topics to cover timely industry trends

For operators preparing to attend the upcoming National Restaurant Association Restaurant, Hotel-Motel Show, the convention staff has lined up a full slate of expert-led professional development opportunities. Held May 22-25 at Chicago's McCormick Place, NRA Show 2010 will feature an...

Expectations are up despite lower comps in January

Restaurant operators gained confidence about future economic and business conditions in the first month of this year, according to the National Restaurant Association's comprehensive index of restaurant activity. As a result of softening sales and traffic results in January, however,...

Expectations are up despite lower comps in January

Restaurant operators gained confidence about future economic and business conditions in the first month of this year, according to the National Restaurant Association's comprehensive index of restaurant activity. As a result of softening sales and traffic results in January, however,...

Senate passes $15 billion jobs bill

The U.S. Senate on Wednesday passed a $15 billion jobs bill, a measure that includes provisions supported by the National Restaurant Association.

Senate passes $15 billion jobs bill

The U.S. Senate on Wednesday passed a $15 billion jobs bill, a measure that includes provisions supported by the National Restaurant Association.

NRA, IFA respond to president's State of the Union address

The National Restaurant Association and the International Franchise Association have each issued a response to President Barack Obama's State of the Union address given Wednesday evening. Dawn Sweeney, the president and CEO of the NRA, said in a statement that...

NRA, IFA respond to president's State of the Union address

The National Restaurant Association and the International Franchise Association have each issued a response to President Barack Obama's State of the Union address given Wednesday evening. Dawn Sweeney, the president and CEO of the NRA, said in a statement that...

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