PREP BEFORE THE RUSH: RESTAURANT M&A HEATS UP
July 2019
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By Ross Vozar and Adam Berebitsky
The French Revolution played a pivotal role in the invention of the modern restaurant. Shaking chefs out of the kitchens of the nobility—who were fleeing Paris for their lives—and into their own establishments, the Revolution gave birth to a Parisian phenomenon that became a global cultural institution. Today, sparked in part by the marriage of technology to nearly every aspect of our lives, the restaurant is undergoing a new kind of revolution, expected to give rise to more M&A.
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