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Tavern in the Square, acquired by Authentic Restaurant Brands just over a year ago, is beginning to expand beyond New England, signaling potential for broader geographic growth.
Pollo Tropical's owner has indicated interest in a future initial public offering, signaling potential expansion or liquidity plans for the chicken-focused chain.
Authentic Restaurant Brands has completed its acquisition of Fiesta Restaurant Group, parent company of Pollo Tropical, for $225 million, marking a consolidation move in the casual dining segment.
Authentic Restaurant Brands acquired the parent company of Pollo Tropical, part of a broader wave of consolidation in the restaurant franchise sector.
Pollo Tropical restaurant chain is being sold.