In 2018, the restaurant industry underwent a massive transformation when acquired Buffalo Wild Wings for approximately $2.9 billion , including debt . This acquisition was not just a merger of two food giants but the birth of Inspire Brands , a multi-brand restaurant powerhouse backed by the private equity firm Roark Capital . The Business Strategy: "We Have the Meats" (and More)
Arby's Is Buying Buffalo Wild Wings For More Than $2.4 Billion arbys buying buffalo wild wings
: This represented a 38% premium over Buffalo Wild Wings' 30-day average stock price as of mid-November 2017. In 2018, the restaurant industry underwent a massive
: The acquisition aimed to use Arby’s "back office" efficiencies to decrease operating costs while maintaining each brand’s independent identity. Financial Foundations of the Deal The acquisition was structured as an all-cash transaction: Purchase Price : Arby’s paid $157 per share . : The acquisition aimed to use Arby’s "back
: At the time of the deal, Buffalo Wild Wings was a "star performer" that had begun to struggle with rising chicken wing costs and a slump in casual dining visits.