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Morgan Lewis & Bockius LLP, Sidley Austin LLP, and Caiola & Rose LLC are representing Denny’s.
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Ropes & Gray LLP is advising TriArtisan Capital Advisors.
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Choate Hall & Stewart LLP is guiding Treville Capital Group.
The Morgan Lewis team is led by partners Justin Chairman, Rachel Lewis, and Patrick Rehfield, while Sidley’s group is helmed by Kai Liekefett, Derek Zaba, and Scott Williams.
It was not immediately clear whether Yadav Enterprises retained separate counsel.
A New Chapter for an American Classic
Founded in 1953, Denny’s has been a cultural mainstay — a diner that has fueled truckers, students, and families for decades. But as consumer habits evolve and competition tightens, private ownership may offer the agility the brand needs to refresh its identity.
The acquisition underscores a broader industry trend of restaurant chains seeking private backing to revitalize operations and weather changing market dynamics.
If the deal closes as planned, Denny’s will join a growing list of legacy dining brands finding renewed life away from Wall Street’s spotlight — a nostalgic name gearing up for a modern comeback.
