Twin Hospitality Group to Acquire Eight Twin Peaks Franchise Locations in Florida
Strategic Acquisition Expected to Strengthen Balance Sheet Through Enhanced EBITDA Generation DALLAS, Texas, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Twin Hospitality Group Inc. (“Twin Hospitality”) (Nasdaq: TWNP), the parent company of Twin Peaks and Smokey Bones, today announced it 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 strategic transaction represents an opportunistic investment in a key ...