has been acquired by

Duff & Phelps Advised Ovation Brands on it's Sale to Food Management Partners

Ovation Brands, the nation’s largest company-owned and operated buffet company, has been acquired by Food Management Partners. The transaction closed on August 19, 2015. 

Duff & Phelps served as exclusive financial advisor to Ovation Brands in connection with the sale transaction.

About Ovation Brands
Ovation® Brands, based in Greer, South Carolina operates over 300 restaurants in 35 states. Its portfolio includes five buffet brands - Ryan’s®, HomeTown® Buffet, Old Country Buffet®, Country Buffet®, and Fire® Mountain and one polished casual brand, Tahoe Joe’s® Famous Steakhouse. Ovation employs over 17,000 team members and serves approximately 80 million customers annually. Willkie Farr & Gallagher LLP acted as legal counsel to Ovation Brands.

About Food Management Partners
Food Management Partners, based in San Antonio, Texas, is a multi-concept operator of franchised and independent restaurant brands co-founded by industry veterans in 1999. It owns and operates Catalina Restaurant Group, Zio's Italian Kitchen, Don Pablo's and Furr's Fresh Buffet, and also owns Dynamic Foods, a food manufacturing and distribution facility. Dykema Cox Smith acted as legal counsel to Food Management Partners.

2015-08-19T00:00:00.0000000 /-/media/assets/images/transactions/2016/ovation-brands.ashx /-/media/assets/images/transactions/2016/food-management-partners.ashx /about-us/transactions/m-and-a/sell-side-advisor---ovation case study {4DACD310-421A-42AC-BEF4-8AA7E70484CD} {13E28841-C245-441D-8C3B-49E72DA5381C} {E010DCD9-B7BA-4B98-9F3C-A51506B5C1D8} {D59CA77E-C551-45A3-BE89-F567210C5A60} {C91DEFE0-8446-4573-8D7B-6D30B0BA9D81} {D3AE3EC6-3254-4441-B111-1AF8D558906C} {B35EF5AE-20CE-49EC-807A-1101A09BBAED}

Related Services

Duff & Phelps Corporate Finance

Corporate Finance

M&A Advisory

Middle-market M&A advisory differentiated by industry expertise and superior deal execution.

M&A Advisory
Duff & Phelps Corporate Finance

Corporate Finance

Financial Sponsors Group

Dedicated coverage and access to M&A deal-flow for financial sponsors.

Financial Sponsors Group
Duff & Phelps Valuation Advisory Services

Valuation Advisory

Valuation Services

Objective valuations for financial reporting, tax and management planning purposes.

Valuation Services
Duff & Phelps Corporate Finance

Corporate Finance

Comprehensive support throughout mergers and acquisitions and other corporate transactions.

Corporate Finance
Duff & Phelps Corporate Finance

Corporate Finance

Fairness Opinions

#1 ranked provider of fairness opinions for boards of directors and special committees.

Fairness Opinions
Duff & Phelps Corporate Finance

Corporate Finance

Transaction Advisory Services

Seamless analytical advisory through the deal continuum, from transaction origination to closing.

Transaction Advisory Services

Related Case Studies

Insights

News

Events