About This Deal
Texas Roadhouse acquired Seven franchise Texas Roadhouse restaurants (South Carolina and Georgia) for USD 26.4 million, a transaction announced in December 2021.
Bought back seven franchise restaurants in South Carolina and Georgia on the first day of fiscal 2022 to grow company-owned store weeks.
Bought back seven franchise restaurants in South Carolina and Georgia on the first day of fiscal 2022 to grow company-owned store weeks.
Deal Terms
Acquirer
Texas Roadhouse
Target
Seven franchise Texas Roadhouse restaurants (South Carolina and Georgia)
Value
USD 26.4 million
Date
December 2021
Type
Full acquisition
Status
Completed
Transaction Details
Announced
December 29, 2021
In Their Words
Pursuant to the terms of the acquisition agreements, we paid a total purchase price of $26.4 million, net of cash acquired.
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
Press release ↗
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