.
MergerLinks Header Logo

New Deal


Announced

Act III Holdings and T. Rowe Price to invest $70m in BJ’s Restaurants.

Financials

Edit Data
Transaction Value£55m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

Minority

Public

United States

Single Bidder

Acquisition

casual dining

Pending

Restaurants and Bars

breweries

Private Equity

chain of restaurants

Synopsis

Edit

Investment management firms Act III Holdings and T. Rowe Price Associates are set to invest $70m in BJ’s Restaurants, an operator of US-based restaurant chain. “On behalf of our team members, shareholders, Board of Directors and all BJ’s stakeholders, we are delighted to announce this new investment by Ron Shaich and Act III, and by funds and accounts advised by T. Rowe Price Associates. The capital raise announced today, together with other recent actions we have taken, will enhance BJ’s liquidity and strengthen our ability to welcome back our team members and re-open dine-in service at our restaurants," Greg Trojan, BJ’s Restaurants CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US