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February 26, 2021

Ron Leonhardt Buys Velvet Tango Room

CrossCountry Mortgage CEO Ron Leonhardt Jr. has acquired the Velvet Tango Room, one of Cleveland's leading cocktail bars located between the city's Tremont and Ohio City neighborhoods, according to news reports....

By Michael Marzec

July 16, 2020

Saucy Brew Works Raises Capital Through Crowdfunding

The Cleveland-based production brewery and brewpub in Ohio City has raised more than $250,000 of an intended $1.07 million through crowdfunding site StartEngine....

By Michael Marzec

February 24, 2020

Condado Tacos takes on new investor, The Beekman Group

Condado Tacos is partnering with The Beekman Group LLC, a private equity firm based in New York City, for its next chapter of growth. The build-your-own taco concept plans to use the funds to optimize its expansion into new markets....

By Jayne Gest

January 13, 2020

Middleby Buys RAM Fry Dispensers

The Middleby Corp. announced the acquisition of RAM Fry Dispensers, a business unit of Automated Equipment LLC based in Red Wing, Minnesota. RAM is an industry leader in automated frozen fry dispensing equipment....

By Mark Scott

November 20, 2019

Middleby Buys California-Based Brava Home Inc.

Brava offers proprietary cooking-by-light technology which is intended to provide users a fast, flexible, space saving and eco-friendly appliance for their kitchen counter....

By Mark Scott

November 6, 2019

NY-Based ICV To Buy Diversified Restaurant Holdings

DRH is one of the largest franchisees for Buffalo Wild Wings® ("BWW") with 64 sports bars across five states....

By Mark Scott

October 30, 2019

TravelCenters Of America, IHOP Finalize Franchise Development Plan

The intent is to open up to 94 IHOP restaurants over the next five years in TA and Petro-branded locations across the U.S., which will be operated by the TA Restaurant Group, a division of TravelCenters of America....

By Mark Scott

September 10, 2019

McDonald’s Invests In Voice Technology, Buys Apprente

The Apprente team will be the founding members of a new, integrated, internal group within McDonald's Global Technology team called McD Tech Labs....

By Mark Scott

April 18, 2019

Ancora's DiSanto will keep pushing for change at J. Alexander’s

Ancora will continue pushing for change at J. Alexander's after the restaurant chain rejected the investor's takeover bid....

By Mark Scott

March 15, 2019

There is no ‘exit’ for restaurant investors

Investing in a restaurant sounds glamorous, doesn’t it? And that’s become truer as TV depicts chefs as rock stars. Veteran restauranteur Craig Barnum, who raised capital for his first restaurants more than 20 years ago, paints a different picture — one where there are no clear assets or exit timelines....

By Jayne Gest

February 18, 2019

Market Garden's Sam McNulty

Sam McNulty talks about his approach to dealmaking, the value of strong partnerships and his keys to success....

By Mark Scott