First Watch Restaurants, Inc. /
Good Morning Carolinas, LLC
First Watch Restaurants to buy Carolinas restaurant assets
What happened
First Watch Restaurants, Inc. entered into an agreement to acquire substantially all of the assets of Good Morning Carolinas, LLC related to 15 franchise-owned First Watch restaurants and one restaurant under development in North Carolina and South Carolina.
The aggregate purchase price is $49 million, subject to adjustments. The transaction is subject to customary closing conditions and other requirements.
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First Watch Restaurants to buy Carolinas restaurant assets
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