First Watch Restaurants, Inc. Acquires The Egg & I Restaurants
Bradenton, FL (RestaurantNews.com) First Watch Restaurants, Inc., the country’s leading breakfast, brunch and lunch concept, announced today that it has acquired 114-unit Centennial, Co.-based The Egg & I Restaurants. The transaction positions First Watch as the nation’s largest and fastest-growing breakfast, brunch and lunch restaurant company with 267 restaurants in 26 states and a combined 18 under development in 2015. Terms of the deal were not announced.
The acquisition is significant as the combined organization immediately becomes the leading player in the breakfast category, which is the fastest-growing segment in the restaurant industry – continually out-pacing all other segments.