First Watch Restaurant Group, Inc. (FWRG) has sealed a significant deal, acquiring 21 franchise-owned restaurants in North Carolina for $75 million. This marks FWRG's largest franchise acquisition to date, reinforcing its commitment to expansion and value creation. The acquisition aligns with the company’s long- term strategy, bringing in establishments expected to match the performance of its company-owned counterparts. Chris Tomasso, CEO and president of First Watch Restaurant, emphasizes the strategic im ...