Hotel Bossert Acquired by Union Square Hospitality Group | Consumer M&A Deal

Union Square Hospitality Group has acquired Hotel Bossert, a restaurant franchise business in New York, for $100 million. Union Square Hospitality Group acquisitions will convert the former Hotel Bossert site in Brooklyn into a new Danny Meyer restaurant concept, expanding its restaurant franchise footprint in New York City. Hotel Bossert acquisition activity supports consumer M&A and consumer deals NY by adding a hospitality venue aligned with strategic acquisition goals. The other acquisition is categorized as a strategic acquisition and consumer deals NY, with reported deal values ranging around $81 million to $112 million, and is currently announced.