BBQ Holdings, Inc. (NasdaqGS:BBQ) agreed to acquire assets of Fresh Acquisitions, LLC for $5.2 million on October 4, 2021.The consideration includes $1 million in assumed liabilities. The transaction includes the intellectual property of Home Town Buffet, Ryans, Furr's Fresh Buffet, and Old Country Buffet. The deal is subject to court approval and is set to close on October 8, 2021. As of October 7, 2021, The Fresh Transaction was approved by the Bankruptcy Court at a hearing.

Holdings, Inc. (NasdaqGS:BBQ) completed the acquisition of Fresh Acquisitions, LLC on October 8, 2021. Lathrop GPM LLP acted as legal advisor to BBQ Holdings, Inc. Gray Reed & McGraw, P.C. acted as legal advisor to Fresh Acquisitions, LLC.