Twin Hospitality Group to Acquire Eight Twin Peaks Restaurants in Florida for $47 Million
Twin Hospitality Group Inc. plans to acquire eight Twin Peaks restaurants in Florida from DMD Ventures, LLC for $47 million. The acquisition is expected to close in Q1 2026, pending agreements and conditions. The restaurants are projected to generate $76-$77 million in annual revenue and $9-$10 million in EBITDA, enhancing financial flexibility. This information is AI-generated and not financial advice.
Twin Hospitality Group Inc., the parent company of Twin Peaks and Smokey Bones, has entered into a letter of intent to acquire eight Twin Peaks franchised restaurants in Florida from DMD Ventures, LLC for approximately $47 million in cash. The locations include Davie, Fort Myers, West Palm Beach, Pembroke Pines, Hollywood, Cypress Creek, Doral, and Naples. The transaction is expected to close in the first quarter of 2026, pending the completion of a definitive purchase agreement, financing, and customary closing conditions. Upon completion, the acquired restaurants are projected to generate approximately $76-$77 million in annual revenue and $9-$10 million in additional annual EBITDA, enhancing the company’s balance sheet and financial flexibility. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Twin Hospitality Group Inc. published the original content used to generate this news brief on November 17, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
