Josh Benn, Managing Director and Global Head of Duff & Phelps Consumer, Food, Restaurants and Retail practice, was recently quoted in the Restaurant Dive article, "Strong M&A Restaurant activity expected this year.”
The article describes the current state of the restaurant industry and the industry’s outlook for 2019. Josh states, "I would expect the volume of activity to be very strong. I do think you'll see more and more strategic activity in the marketplace, which is a positive thing." He goes on to say, “Many restaurants have expanded as much as they can organically and are looking for additional brands to allow for continued expansion.” Josh explains that private equity has one of the bigger appetites for restaurants. He advises that restaurants that have gone through restructuring could also make good platforms for acquisitions.
To learn more, read the full article here.