Acquiring Company
Create Restaurants Group
Acquired Company
Nova Restaurant Group
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.
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Based on deal dataFrequently 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.