Popular Ohio based family-dining chain on the market and valued at hundreds of millions

In 2022, a popular, New Albany based chain explored a sale that would value it up to $600 million, but nothing ever came of it.

But now, that chain, otherwise known as none other than Bob Evans, is officially on the market, according to Restaurant Business. They recently hired the investment bank, Kroll, to oversee the sale process valued at hundreds of millions.

BROUGHT TO YOU BY

Restaurant Business said that Golden Gate Capital bought Bob Evans for $565 million in 2017.

When other restaurants had to close their doors during the pandemic, Bob Evans adopted takeout and delivery services at an earlier stage than most, which actually helped them increase their volumes up 8% from 2019.

Want to read more? Check out our print publications, (614) Magazine and Stock & Barrel. Learn where you can find free copies of our newest issues here!

BROUGHT TO YOU BY