Denny’s Goes Private in $620 Million Buyout Deal

/ Beyond The Yard, business acquisition, corporate buyout, Denny's, food service, private equity, restaurant industry, TriArtisan Capital, Yadav Enterprises / By

Written By Lexx Thornton Denny’s, the iconic breakfast chain known for its Grand Slam Breakfast, is being taken private in a $620 million deal orchestrated by a group of investors.  The agreement, announced Monday, will see the company acquired by a consortium including private equity firm TriArtisan Capital Advisors, investment firm Treville Capital, and a major Denny’s franchisee, Yadav Enterprises.  Under the terms of the deal, which values the company at $620 million (including debt), Denny’s shareholders will receive $6.25 per share in cash—a significant 52% premium over the stock’s closing price on Monday. Following the news, Denny’s shares jumped

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