Fundz
Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →

Create Restaurants Group acquires Nova's restaurants

PRIVATEJul 29, 202611 days ago

Acquiring Company

Create Restaurants Group

Acquired Company

Nova Restaurant Group

TokyoMinneapolisFood and BeverageHospitalityHotelFood and BeverageHospitality

Description

Create Restaurants Group has acquired six restaurants from the Minneapolis-based Nova Restaurant Group for $23.1 million. The acquisition primarily focused on the Hazelwood Food and Drink brand, which is a notable player in casual dining in the region. This marks CRG's third acquisition in the U.S. as they continue to expand their presence in North America.

Company Information

Company

Create Restaurants Group

Location

Tokyo, Japan

About

Create Restaurants Group (CRG) is a subsidiary of Create Restaurants Holdings Inc., known for owning and operating a variety of dining establishments. With approximately 1,200 restaurants across 280 brands, mostly in Asia, CRG focuses on growth through strategic acquisitions in the restaurant sector. The group emphasizes retaining brand integrity while slowly expanding the acquired concepts.

Related People

Choose your plan to reveal verified contacts

Predictive Intelligence
Strategic

ML-powered predictions for Create Restaurants Group's next move

Learn about Strategic plan

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Nova Restaurant Group?

Nova Restaurant Group was acquired by Create Restaurants Group, based in Tokyo. The deal was reported on July 29, 2026. Create Restaurants Group (CRG) is a subsidiary of Create Restaurants Holdings Inc., known for owning and operating a variety of dining establishments. Create Restaurants Group is privately held and operates in Food and Beverage.

When did Create Restaurants Group acquire Nova Restaurant Group?

Create Restaurants Group's acquisition of Nova Restaurant Group was reported on July 29, 2026. Create Restaurants Group has acquired six restaurants from the Minneapolis-based Nova Restaurant Group for $23.1 million. The acquisition primarily focused on the Hazelwood Food and Drink brand, which is a notable player in casual dining in the region. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Nova Restaurant Group do?

Nova Restaurant Group was known for operating multiple restaurant brands including Hazelwood Food and Drink, a casual dining establishment with a strong reputation in the Minneapolis area. The company operated a total of three brands before its acquisition. It is privately held, operating in Food and Beverage, and is based in Minneapolis.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.