National breakfast chain Denny’s just announced a different sort of deal as the company has been sold. The deal was approved by the Denny’s board, which values the restaurant chain at $620 million, including debt.

According to the Associated Press, the company will now be owned by a group of investors which includes private equity investment company TriArtisan Capital Advisors, investment firm Treville Capital and Yadav Enterprises, which is one of Denny’s largest franchisees.

Known for its affordable menu and focus on breakfast, Denny’s continues to struggle in a shifting marketplace. After seeing sales decline through the Covid-19 pandemic, the chain is now battling changes in customer dining patterns. Customers are relying more on delivery services when dining out, which has hurt the

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