CKE Restaurants, the Carpinteria-based parent of Carls Jr. and Hardees, has been sold to an Atlanta private equity firm specializing in restaurant chains.
The price was not disclosed and the sale to an affiliate of Roark Capital Group comes five months after Apollo Global Management hired Goldman Sachs to explore a sale or spinoff of the company it purchased in 2010.Read More →
When McConnell’s Fine Ice Creams changed hands two years ago, its new owners wanted to turn the longtime Santa Barbara brand into a national household name.Read More →
Construction is “moving right along” at the indoor food market and neighboring condominiums.Read More →
A startup bakery in Solvang is adopting that model with a subscription bread business that it hopes will help it eventually launch a brick-and-mortar store.Read More →