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New Deal


Announced

Completed

Yum! Brands completed the acquisition of The Habit Restaurants for $375m.

Financials

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Transaction Value£286m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales0.8x
EV/EBITDA11.02x
Share Price Premium-
One Off Charge-

Tags

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Completed

fast food chain

Acquisition

Single Bidder

Friendly

Public

United States

Restaurants and Bars

Majority

Domestic

Disposal

Private Equity

Synopsis

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Yum! Brands, an American fast-food corporation, completed its acquisition of The Habit Restaurants, an American fast-casual restaurant chain that specializes in charbroiled hamburgers, for $375m. "On behalf of The Habit Burger Grill Board of Directors, this transaction represents an exciting new chapter to strengthen and significantly grow The Habit Burger Grill by leveraging Yum! Brands’ global scale, resources and franchising capabilities. We’re confident the agreement delivers immediate value to The Habit Burger Grill shareholders and will greatly benefit our beloved brand, team members, franchisees and loyal guests for many years to come," Russell Bendel, The Habit Burger Grill President and CEO. The Habit Restaurants's stockholders voted to adopt the merger agreement.

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