Announced
Synopsis
TriArtisan and Treville, private equity firms, and Yadav Enterprises, a restaurant franchisee company, agreed to acquire Denny’s, a provider of full-service restaurant offerings, for $620m. “Denny’s is an iconic piece of the American dream, with a renowned brand, a strong franchise base and loyal customers. Our team has significant investment experience in the restaurant industry and our acquisition of Denny’s builds on our success with other full-service restaurant concepts. We look forward to working with Kelli and the rest of the Denny’s team and franchisees to provide resources and support the Company’s long-term strategic growth plans,” Rohit Manocha, TriArtisan Co-Founder and Managing Director.
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