About This Deal
Texas Roadhouse acquired Four franchise Texas Roadhouse restaurants (Florida and Georgia) for USD 16.5 million, a transaction announced in December 2016.
Acquired four franchise restaurants in Florida and Georgia on the first day of fiscal 2017 (two wholly owned, two majority owned) to expand company-owned operations.
Acquired four franchise restaurants in Florida and Georgia on the first day of fiscal 2017 (two wholly owned, two majority owned) to expand company-owned operations.
Deal Terms
Acquirer
Texas Roadhouse
Target
Four franchise Texas Roadhouse restaurants (Florida and Georgia)
Value
USD 16.5 million
Date
December 2016
Type
Full acquisition
Status
Completed
Transaction Details
Announced
December 28, 2016
In Their Words
Pursuant to the terms of the acquisition agreements, we paid a total purchase price of $16.5 million, net of cash acquired.
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
Press release ↗
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