A consortium comprising TriArtisan Capital Advisors, Treville Capital Group and Yadav Enterprises has completed the acquisition of US-based edifice concatenation Denny’s.
First agreed past November, the all-cash transaction carries an endeavor worth of $620m. It closed pursuing support from Denny’s stockholders and the completion of each required regulatory and customary closing conditions.
As earlier agreed, Denny’s stockholders received $6.25 successful currency for each stock of Denny’s communal stock.
Commenting connected the completion, TriArtisan co-founder and managing manager Rohit Manocha said: “Denny’s is an iconic portion of the American dream, with a renowned brand, a beardown franchise basal and loyal customers.
“Our squad has important concern acquisition successful the edifice industry, and our acquisition of Denny’s builds connected our occurrence with different full-service edifice concepts.”
Denny’s Corporation operates full-service restaurants nether the Denny’s and Keke’s brands.
As of 24 September 2025, the Denny’s marque comprised 1,459 restaurants worldwide, including 1,397 franchised and licensed locations and 62 company-operated outlets.
Backed by TriArtisan, Treville and Yadav Enterprises, Denny’s present expects much flexibility and superior to put successful its brands, enactment franchisees and thrust growth.
Denny’s Corporation CEO Kelli Valade said: “Today represents an important milestone for Denny’s and Keke’s arsenic we embark connected our adjacent section nether caller ownership.
“Our dedication to supporting franchisees and committedness to serving our guests stay the same. We are grateful for the hard enactment of our employees and franchisees who correspond our restaurants with pridefulness each day.
“With the enactment of our caller owners, we look guardant to continuing to service and delight guests crossed the nation.”
"TriArtisan-led consortium finalises $620m Denny’s acquisition" was primitively created and published by Verdict Food Service, a GlobalData owned brand.
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