April restaurant survey data indicated a -1.0% decline in same-store sales and -3.3% decline in traffic. Although industry same-store sales have remained negative for 12 out of the past 13 months, April results reflected a marginal improvement from the results seen in both February and March. Based on performance, fine dining, upscale casual, and family casual displayed the strongest gains in same-store sales in April, while the previously top performing QSR segment was one of the weakest. Despite challenges faced in the industry, M&A activity remains strong and strategics have increased their appetite in acquiring concepts that provide an avenue for increased growth. Read the report for more detail on industry trends, market indices, public market performance and deal activity.



Corporate Finance and Restructuring

M&A advisory, restructuring and insolvency, debt advisory, strategic alternatives, transaction diligence and independent financial opinions.

Mergers and Acquisitions (M&A) Advisory

Kroll’s investment banking practice has extensive experience in M&A deal strategy and structuring, capital raising, transaction advisory services and financial sponsor coverage.

Financial Sponsors Group

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


Private Capital Markets – Debt Advisory

Kroll has extensive experience raising capital for middle-market companies to support a wide range of transactions.

Transaction Advisory Services

Kroll’s Transaction Advisory Services platform offers corporate and financial investors with deep accounting and technical expertise, commercial knowledge, industry insight and seamless analytical services throughout the deal continuum.