Chain: First Watch

First Watch Completes Acquisition of 21 North Carolina Franchised Restaurants

First Watch announced the completion of its previously announced acquisition of 21 of its franchise-owned restaurants and corresponding development rights in North Carolina for an aggregate purchase price of $75 million on a cash-free, debt-free basis. “This acquisition, which represents our largest First Watch franchise acquisition to date, is an important part of our long-term […]

First Watch Rolls Out Pay-at-the-Table Tech with Up ‘n go

Paying at First Watch is now a “snap” thanks to new pay-at-the-table technology. The award-winning Daytime Dining concept partnered with Up ‘n go to unveil pay-at-the-table technology in its more than 420 corporate-owned restaurant locations. “Everything we do is through the lens of bettering the in-restaurant experience for both our customers and our teams – and Up […]

First Watch Acquires Franchise Location in Broken Arrow, Oklahoma

First Watch Restaurant Group announced that it has acquired, effective Monday, its previously franchise-owned restaurant in Broken Arrow, Oklahoma. “We’re proud to welcome the Broken Arrow restaurant team into the First Watch company-owned system,” says Chris Tomasso, First Watch CEO and President. “This acquisition is part of our long-term growth strategy. This particular restaurant opened […]

First Watch Acquires 21 Franchised Locations in North Carolina

First Watch Restaurant Group announced it has agreed to acquire 21 of its franchise-owned restaurants and corresponding development rights in North Carolina for an aggregate purchase price of $75 million on a cash-free, debt-free basis, subject to certain customary adjustments. “Our acquisition of franchise-operated restaurants is an important part of our long-term growth and value […]

First Watch Appoints Jostein Solheim to Board of Directors

First Watch Restaurant Group, Inc., the leading Daytime Dining concept serving breakfast, brunch and lunch, announced the appointment of Jostein Solheim to its Board of Directors effective immediately. Solheim is an experienced chief executive officer who currently serves as the CEO, Health & Wellbeing at Unilever PLC. “We are excited to welcome Jostein to the […]