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BYN / Banyan Acquisition Corp. combining with Pinstripes in SPAC restaurant deal valued at $520 mln

Banyan Acquisition Corp. BYN, +0.29% said Friday it agreed to combine with restaurant company Pinstripes in a deal that values the combined company at $520 million. Based in Northbrook, Ill, Pinstripes describes itself as a “best-in-class experiential dining and entertainment brand combining bistro, bowling, bocce and private event space” with projected 2024 revenue of about $185 million to $195 million and 13 venues. Read More

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Banyan

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Pinstripes

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BYN

Posted: Jun 23 2023, 07:16

Author Name: Market Watch

BYN News

By Market Watch
June 23, 2023

Banyan Acquisition Corp. combining with Pinstripes in SPAC restaurant deal valued at $520 mln

Banyan Acquisition Corp. BYN, +0.29% said Friday it agreed to combine with restaurant company Pinstripes in a deal that values the combined company at

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