BFI - Mergers and acquisitions

Secures Interim Approval to Access New Financing FORT LAUDERDALE, Fla., Sept. 16, 2024 /PRNewswire/ -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner of the high-quality, casual dining chain Anthony's Coal Fired Pizza & Wings ("Anthony's") and one of the nation's leading fast-casual "better burger" dining concepts, BurgerFi, today announced that it received interim Court approval of its "first day" motions designed to facilitate and ensure the continued and uninterrupted operations of the Company's 144 locations, as requested. The Court granted interim approval for the Company to immediately access $3.5 million of the debtor-in-possession (DIP) finan

All 144 locations remain open and continue normal operations FORT LAUDERDALE, Fla., Sept. 11, 2024 /PRNewswire/ -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner of the high-quality, casual dining chain Anthony's Coal Fired Pizza & Wings ("Anthony's") and one of the nation's leading fast-casual "better burger" dining concepts, BurgerFi, announced today that it has filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in order to preserve the value of its brands for all stakeholders.    All 144 locations of the Company's two brands throughout the United States, including in Puerto Rico, and in Saudi Arabia, (both co

FORT LAUDERDALE, Fla., Aug. 30, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner of the high-quality, casual dining pizza brand Anthony's Coal Fired Pizza & Wings ("Anthony's") and one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, has received deficiency notices from Nasdaq Stock Market LLC ("Nasdaq") related to the Company's failure to timely file its Quarterly Report on Form 10-Q for the quarter ended July 1, 2024 ("Q2 Form 10-Q") and the composition of Board committees arising from the resignation of directors. On August 27, 2024, Nasdaq provided formal notice to the Comp

FORT LAUDERDALE, Fla., July 25, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner of the high-quality, casual dining pizza brand Anthony's Coal Fired Pizza & Wings ("Anthony's") and one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, announced today that the Company and Lion Point Capital, LP ("Lion Point") entered into a Settlement Agreement (the "Settlement Agreement") pursuant to which, among other things, the Company and Lion Point agreed to resolve all claims between Lion Point and the Company existing as of, or prior to, the date of the Settlement Agreement related to the pr

Designates David Heidecorn as successor to Ophir Sternberg as Chairman of the Board Enters retention agreements with executive leadership to ensure steady leadership FORT LAUDERDALE, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner of the high-quality, casual dining pizza brand under the name Anthony's Coal Fired Pizza & Wings ("Anthony's") and one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, announced today several key initiatives with the goal of enhancing the Company's prospects and ensuring stable Management as the Company goes through the proce

Sets Initial Business Outlook for Fiscal Year 2024 Focused on Five Key Strategic Initiatives FORT LAUDERDALE, Fla., Jan. 08, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner of the high-quality, casual dining pizza brand under the name Anthony's Coal Fired Pizza & Wings ("Anthony's") and one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, today reported preliminary results for the fiscal year 2023 which ended on January 1, 2024. The Company also set its initial business outlook for fiscal year 2024 as it focuses on five key strategic initiatives. Management Commentary Carl Ba

Premium burger brand accelerates growth mode in core market In a strategic move signaling its commitment to exceptional food and an enjoyable dining experience, BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), announced today its corporate expansion efforts through the acquisition of two South Florida franchise restaurants with corporate operations beginning today. Located in Hallandale Beach and Miami Beach, the acquisition represents a step in the brand's evolution and commitment to continued development in primary markets across the country. Following his first 90 days as CEO of the Company, Carl Bachmann's comprehensive 5-point business plan is gaini

Additional stock purchase made by Executive Chairman of the BurgerFi Board & Lionheart Capital founder alongside senior BurgerFi management team. Transaction Supported by Marquee Investor, L Catterton FORT LAUDERDALE, Fla., Feb. 27, 2023 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner of one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, and the high-quality, casual dining pizza brand under the name Anthony's Coal Fired Pizza & Wings, today announced that the Company has received additional shareholder support in the Company's efforts to continue its growth and development. Ophi

FORT LAUDERDALE, Fla., Jan. 09, 2023 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner of one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, and the high-quality, casual dining pizza brand under the name Anthony's Coal Fired Pizza & Wings ("Anthony's"), today reported preliminary sales results for the year ended January 2, 2023. The Company also has introduced its business outlook for fiscal year 2023. Management Commentary Ophir Sternberg, Executive Chairman of BurgerFi, stated, "2022 was a transformative year for the company representing the first full year of Anthony's integrated

Miami Event Benefits Lotus House, Nation's Largest Shelter for Women & Children FORT LAUDERDALE, Fla., Dec. 20, 2022 /PRNewswire/ -- BurgerFi International Inc. (NASDAQ:BFI, BFIIW))) ("BFI" or the "Company"), owner of one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, and the high-quality, casual dining pizza brand under the name Anthony's Coal Fired Pizza & Wings ("Anthony's"), hosted a blind pizza and wine tasting in its Coral Gables location to celebrate the 2022 holiday season. All proceeds from the evening went to Miami's Lotus House, the largest shelter for women and children in the country.

Anthony's Coal Fired Pizza, owned by BurgerFi International, will be utilizing ConverseNow's Voice AI technology all of the brand's 60 restaurants to automate their phone orders AUSTIN, Texas, Dec. 5, 2022 /PRNewswire-PRWeb/ -- ConverseNow, the leading voice AI technology platform for restaurants, will be operational in all 60 Anthony's Coal Fired Pizza & Wings locations across the East Coast. Following a successful pilot program where ConverseNow's virtual assistants demonstrated the same success they've brought other leading restaurant chains, Anthony's Coal Fired Pizza, owned by BurgerFi International Inc. (NASDAQ:BFI, BFIIW))), is eager to continue the momentum around streamlining phone

The ConverseNow AI System to Launch in all 60 Corporate Locations FORT LAUDERDALE, Fla., Dec. 5, 2022 /PRNewswire/ -- BurgerFi International Inc. (NASDAQ:BFI, BFIIW))) ("BFI" or the "Company"), owner of one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, and the high-quality, casual dining pizza brand under the name Anthony's Coal Fired Pizza & Wings ("Anthony's"), announced today the introduction of artificial intelligence (AI) phone answering systems in all 60 corporate-owned Anthony's locations. The systems will leverage ConverseNow, the leading voice AI technology platform for restaurants.

Co-Branded Location Leads the Charge for New Expansion Strategy FORT LAUDERDALE, Fla., Nov. 14, 2022 /PRNewswire/ -- BurgerFi International Inc. (NASDAQ:BFI, BFIIW))) ("BFI" or the "Company"), owner of one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, and the high-quality, casual dining pizza brand under the name Anthony's Coal Fired Pizza & Wings ("Anthony's"), announced today it has entered into a multi-unit development agreement with NDM Hospitality Services, LLC, an innovator in the travel and dining industries. The agreement will franchise three Anthony's locations in Florida over the next two years.

Florida-based chains invite customers to "Dine & Donate" to provide relief after devastating natural disaster MIAMI, Fla., Nov. 2, 2022 /PRNewswire/ -- Southwest Florida was recently hit by one of the worst hurricanes in its history, Hurricane Ian. BurgerFi, one of the nation's leading fast-casual chains, and its sister restaurant Anthony's Coal Fired Pizza & Wings, along with Marcum LLP, one of the nation's leading accounting and advisory firms, have joined forces once again to provide those in need in Southwest Florida with continued and much needed relief. The companies pre

The better-burger concept's flexible footprint model has led to the opening of 10 locations to-date this year plus an anticipated 30 Gopuff locations by year end   FORT LAUDERDALE, Fla., Oct. 18, 2022 /PRNewswire/ -- BurgerFi, one of the nation's leading fast-casual "better burger" dining concepts, today announced its expansion up the Eastern Seaboard. The brand has opened 10 restaurant locations over the past 10 months and has opened its 15th Gopuff ghost kitchen location.    The new locations come during a period of growth for the award-winning burger chain. Seven of these n

Award-winning, fast-casual burger concept marks new milestone with brand update to 'AmpliFi Your Appetite'   MIAMI, Oct. 10, 2022 /PRNewswire/ -- Inspired by its successful 11-year track record of rapid growth and innovation, BurgerFi has launched a new brand campaign. 'AmpliFi Your Appetite' brings together the unique taste and quality of BurgerFi's all-natural burgers using fresh, responsibly sourced ingredients to satisfy cravings and highlight the brand's commitment to amplify appetites with every bite. "BurgerFi is setting the bar high for zero-compromise standards when i

MIAMI, Oct. 3, 2022 /PRNewswire/ -- In continued assessment of the impact from Hurricane Ian, BurgerFi International Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company") is working with its team members, guests, and regional partners in the coming days to help support with recovery efforts in the community. "Our thoughts are with those impacted by Hurricane lan, and we are grateful for the first responders who are doing heroic work to help those in need," said Ophir Sternberg, Executive Chairman at BurgerFi International, Inc. "We are thankful for our team members, and their safety and wellbeing are our top priority," said Patrick Renna, President of BurgerFi. Currently, 174 of the 178 B

New menu item available on the BurgerFi app and at all locations MIAMI, Aug. 16, 2022 /PRNewswire/ -- BurgerFi - one of the nation's fastest-growing, premium fast-casual concepts - has added the Juicy Lucy, a new crave-worthy, limited-time only menu item to its award-winning, chef-inspired menu. Available now through September 19, the Juicy Lucy features two Natural Angus Beef patties sandwiching White Cheddar, American, and Pepper Jack cheeses, and topped with Sweet Tomato Relish and BurgerFi's signature Fi sauce. BurgerFi Unveils the "Juicy Lucy" Burger Available for a Limi

Following a successful 90-day pilot program in Tallahassee, brands enter into an extended agreement MIAMI, July 7, 2022 /PRNewswire/ -- BurgerFi, one of the nation's fastest-growing, premium fast-casual concepts, and Gopuff, the go-to platform for immediate delivery of customers' everyday needs, today announced plans to expand the delivery of BurgerFi items on the Gopuff platform to more customers nationwide, following a successful pilot program. In the coming months, Gopuff will begin delivering fresh-made BurgerFi burgers and fries to customers in more than a dozen cities, including Miami, New York City, Nashville and Philadelphia.

In an effort to modernize and keep up with consumer demands, BurgerFi searched for digital solutions to power their business and landed on GRUBBRR, an industry leading provider of self-ordering technologies. BOCA RATON, Fla., June 28, 2022 /PRNewswire-PRWeb/ -- GRUBBRR, an industry-leading provider of self-ordering technologies that are revolutionizing the way that commerce is transacted, announced today that it will be rolling out its Samsung Kiosk powered by GRUBBRR at BurgerFi – one of the nation's fastest-growing premium fast-casual dining concepts - corporate headquarter locations throughout Florida. BurgerFi specializes in providing a better burger experience with all-natural burgers a

The card offers cashback rewards on every purchase Imprint, which offers branded payments and rewards products, today announced a partnership with BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))), to launch the BurgerFi and Anthony's Coal Fired Pizza & Wings Visa® Card. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220627005541/en/(Photo: Business Wire) BurgerFi International owns BurgerFi, one of the nation's fastest-growing "better burger" dining concepts, and Anthony's Coal Fired Pizza and Wings, the high-quality, casual dining pizza brand. The BurgerFi and Anthony's Card offers customers cashback rewards when you order d

90-day pilot program mobilizes BurgerFi's "Fi on the Fly®" Food Truck to the Florida State University area MIAMI, March 21, 2022 /PRNewswire/ -- BurgerFi, one of the nation's fastest growing, premium fast-casual concepts, and Gopuff – the go-to platform for immediate delivery of customers' everyday needs – have launched a new offering to bring BurgerFi's all-natural burgers and sides through its "Fi on the Fly®" food truck and Gopuff Kitchen, Gopuff's freshly-prepared food delivery service. This strategic partnership – the first of its kind in which Gopuff Kitchen partners with a restaurant – will bring the convenience of Gopuff's late-night delivery to BurgerFi fans and Gopuff customers in

PALM BEACH, Fla., Dec. 16, 2021 /PRNewswire/ -- BurgerFi, one of the nation's fastest-growing, premium fast-casual concepts, is testing and expanding five new technologies and creative strategies to stay ahead of evolving consumer preferences and combat widespread labor shortages that have plagued the restaurant industry since the onset of the pandemic. The brand remains at the forefront of innovation as part of its commitment to providing the best restaurant guest experience, while continuing its aggressive expansion up the Eastern Seaboard. "While the entire restaurant indu

MIAMI, Nov. 9, 2021 /PRNewswire/ -- BurgerFi, one of the nation's fastest-growing, premium fast-casual concepts, will launch today its first-ever Ultimate Bacon Bash meal including three crave-worthy and better-with-bacon premium options from its award-winning, chef-inspired menu. Additionally, BurgerFi will offer for a limited time a newly crafted Maple Bacon Shake and free delivery via the BurgerFi app at participating locations. "BurgerFi loves to put a new spin on a classic, fan favorite," says Paul Griffin, Chief Culinary Officer of BurgerFi. "There's never too much baco

PALM BEACH, FL and FORT LAUDERDALE, FL, Nov. 04, 2021 (GLOBE NEWSWIRE) -- BurgerFi International Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" ), the owner of one of the nation's fastest-growing premium fast-casual concepts through the BurgerFi brand, is announcing the successful completion of its pending acquisition of Anthony's Coal Fired Pizza & Wings ("Anthony's") from L Catterton for $156.6 million. Ophir Sternberg, Executive Chairman of BurgerFi commented, "This acquisition marks a significant step forward in BurgerFi's ongoing growth strategy and transition into a premium multibrand platform." Anthony's, founded in 2002 and headquartered in Fort Lauderdale, FL, is a leading operator o