Romacorp, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Romacorp, Inc. is a well-established and renowned global restaurant company, recognized for its iconic Tony Roma's brand. Founded in 1972, the company has grown into a leading player in the casual dining industry. Romacorp is committed to providing high-quality food, exceptional dining experiences, and warm hospitality to its customers worldwide. With a strong emphasis on culinary innovation and customer satisfaction, Romacorp operates a network of Tony Roma's restaurants and offers various products and services to cater to diverse markets and consumer preferences. Product/Service Line Breakdown: Tony Roma's Restaurants: The flagship product and core of Romacorp's business are the Tony Roma's restaurants. These establishments are known for their mouthwatering and diverse menu offerings, with a particular focus on delicious, flame-grilled ribs and signature BBQ dishes. Tony Roma's restaurants provide a relaxed and inviting ambiance, attracting families, friends, and business professionals alike. The menu also features a wide selection of steaks, seafood, burgers, salads, and delectable desserts, making it suitable for a broad customer base. Catering Services: Romacorp extends its culinary expertise beyond its restaurants with its catering services. The company caters to various events, including corporate functions, weddings, social gatherings, and private parties. The catering offerings feature the same high-quality dishes found in their restaurants, allowing customers to enjoy Tony Roma's distinctive flavors and exceptional service at their chosen locations. Retail Products - Sauces and Condiments: To capitalize on the popularity of its signature flavors, Romacorp offers a range of retail products, including Tony Roma's branded sauces and condiments. These products are sold through various retail channels, such as supermarkets, specialty stores, and online platforms, allowing fans of the restaurant's dishes to recreate the experience at home. The retail line includes BBQ sauces, marinades, dressings, and seasoning blends that have become favorites among consumers. Franchise Opportunities: Romacorp provides franchise opportunities for entrepreneurs looking to enter the restaurant industry or expand their portfolio. The company offers comprehensive support to its franchisees, including site selection, training, marketing assistance, and ongoing operational guidance. Franchise partners benefit from leveraging the well-established Tony Roma's brand and the company's vast experience in the restaurant business. Licensing and Brand Partnerships: Recognizing the value of its iconic brand, Romacorp engages in licensing agreements and brand partnerships. These collaborations allow the company to extend its presence beyond traditional restaurant operations. Licensing agreements may involve co-branded products, merchandise, or food service partnerships in airports, stadiums, and other non-traditional dining locations.
Keywords
Keywords
Classified
Private