.
MergerLinks Header Logo

New Deal


Announced

Completed

The ONE Group Hospitality completed the acquisition of Benihana for $365m.

Financials

Edit Data
Transaction Value£288m
Consideration TypeCash, Loan Notes
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Friendly

United States

restaurant chain

Acquisition

Restaurants and Bars

Domestic

Majority

Single Bidder

Completed

Private Equity

Synopsis

Edit

The ONE Group Hospitality, an international restaurant company that develops and operates upscale and polished casual, high-energy restaurants and lounges, completed the acquisition of Benihana, an restaurant company offering Japanese cuisine, for $365m. “We are delighted to have completed the acquisition and look forward to this next chapter for our Company. Benihana provides us with additional growth and development opportunities and supports our broader strategy to fortify and diversify our leading portfolio of best-in-class experiential VIBE restaurant concepts. Most importantly, I’d like to welcome our nearly 6,500 new Benihana teammates and our new Board Members, Scott Ross and James Chambers," Emanuel Hilario, The ONE Group President and Chief Executive Officer.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US