Page 2 - Amici Partners News Today

AMICI PARTNERS GROUP LLC, the new owners of Friendlys Restaurants LLC, plans to revitalize the struggling chain with bolstered advertising, technology and new menu items. / AP FILE PHOTO/PAT WELLENBACK PROVIDENCE – After a decade marked by bankruptcy and hundreds of store closures, Friendly’s Restaurants LLC is poised for a revival under new ownership, including the potential to reenter the Rhode Island market. Amici Partners Group LLC, the Connecticut-based company that acquired th...

Friendly’s has a new owner Updated Jan 26, 2021; Posted Jan 26, 2021 Friendlys is located at 1000 Reese Ave. at the intersection with University Drive. Chocolate Avenue in Hershey, October 28, 2019. Dan Gleiter | dgleiter@pennlive.com Facebook Share The restaurant chain that was once owned by the Hershey Foods Corporation has a new owner. Amici Partners Group announced last week that it had completed the acquisition of Friendly’s Restaurants. The restaurant chain had voluntarily filed fo...

It seems that many places have been forced to close but there is good news if you love Friendlys restaurants. The two remaining locations in the Capital Region will not be closing anytime soon thanks to the sale of the historic brand. According to Boston Eater, Friendlys restaurants officially has a new owner. The change of ownership allows the legendary franchise to keep its remaining one hundred thirty restaurants to stay open. This includes the two remaining Friendlys restaurants here in th...

New Friendly’s CEO promises ‘recipe for success’ at restaurant chain that has steadily shrunk for decades Updated Jan 25, 2021; Facebook Share Superman. Not the man of steel. The ice cream flavor called Superman, which promises vanilla plus yellow, red and blue fruit flavors. Due out March 15, Superman ice cream is the first of what new CEO Craig Erlich promises will be periodic refreshes of the Friendly’s restaurant menu, with new ice cream flavors paired with returning favorite food...

A group of experienced restaurant investors has taken ownership of Friendly’s, the locally founded food chain. From a story reported on by WWLP/22 News Springfield, the announcement was made on their website Tuesday. The Amici Partners Group, LLC, said they plan to keep all locations open as well as create a new menu that will still incorporate many of Friendly’s classic favorites. Friendly’s was founded in Springfield more than 80 years ago and includes 130 cooperate owned and franchise...

January 22, 2021 Friendly’s, the Massachusetts-based chain known for its towering ice cream sundaes, has a new owner — and a couple of new ice cream flavors. On Tuesday, the company announced that it had been acquired by Amici Partners Group, a Connecticut-based investor group with a portfolio that includes Red Mango, Souper Salad, Humble Donut Co., and other fast-casual businesses. In a press release, Amici Partners indicated that it plans to keep the 130 corporate-owned and franchised Fri...

Ive loved Friendlys from my childhood to my adulthood.  As a kid, it was the place everyone in our family could agree on.  If we were lucky enough to eat out, we all wanted Friendlys.  There was no other universal choice.  When my 6th grade Police Athletic League team won the championship game, we went to Friendlys.  The Reeses Peanut Butter Cup Sundae was my favorite...still is.  Business was BOOMING for Friendlys, or appeared to be.  In the 1990s, they had over 800 restaurants. Today...

Sale of Friendly’s finalized by investor group; Restaurants to feature new menu items, ice cream flavors Updated Jan 21, 2021; Posted Jan 21, 2021 This Friendlys at 1094 Riverdale Road, West Springfield is closed and its 39 employees laid off due to the coronavirus. Its among the seven locations statewide that are closed at a cost of 197 full- and part-time jobs. (Don Treeger/ The Republican) Facebook Share Friendly’s restaurants are now under new ownership. The sale of more than 100 cor...

THE FRIENDLYS RESTAURANT chain has been acquired by Amici Partners Group. / AP FILE PHOTO/PAT WELLENBACH SPRINGFIELD, Mass. (AP) – The Friendlys restaurant chain has finalized its sale after filing for bankruptcy in November. The Wilbraham, Mass.-based chain known for its ice cream sundaes has been sold to Amici Partners Group, based in Connecticut, the Springfield Republican reported Thursday. The restaurant chain filed for bankruptcy and announced the sale of its assets to Amici�...

Amici Partners Group Acquires Friendlys Restaurants Group dedicated to reinvigorating 130-store restaurant chain News provided by Share this article Share this article PLANO, Texas, Jan. 19, 2021 /PRNewswire/ -- Amici Partners Group, LLC ("Amici"), an entity comprised of experienced restaurant investors and operators who have been involved with some of the best-known QSR and casual dining chains for more than 25 years, has completed the acquisition of Friendlys Restaurants. Comprised of 130 co...