News: Restaurant M&A Market is Vibrant
August 15, 2024
Morgan Kingston Advisors partner Susan Miller told the Monitor the investment bank has been successful representing independent restaurant brand founders and institutional owners in the sale of their businesses. The firm recently concluded the sale of Freebirds World Burrito earlier this month. Miller said it also recently announced the signing of a deal to sell Scottsdale-based Wildflower Bread Company. Miller said the M&A market is vibrant for brands in the $2 million to $30 million in corporate EBITDA that are generating positive top-and-bottom-line trends. For more information contact Miller at smiller@ morgankingston.com