Denny’s, a major diner-style restaurant chain known for its 24-hour service and iconic Grand Slam breakfast, is making a big change after closing 150 locations last year.
The restaurant’s franchisor, Denny’s Corporation, recently announced that a $620 million buyout transaction closed on Jan. 16. The chain’s new owners include TriArtisan Capital Advisors, Treville Capital Group and Yadav Enterprises.
“Today represents an important milestone … as we embark on our next chapter under new ownership,” Denny’s CEO Kelli Valade said in a press release. “Our dedication to supporting franchisees and commitment to serving our guests remain the same. We are grateful for the hard work of our employees and franchisees who represent our restaurants with pride every day. With the support of our new owners, we look forward to continuing to serve and delight guests across the nation.”
The changes come after Denny’s closed 150 locations in 2025. The company noted in December that the closures were not a result of the acquisition, but were part of a previously announced plan in 2024 to shutter “underperforming” restaurants.
Denny’s currently has more than 1,200 locations in the United States and 1,400 restaurants worldwide. Staten Island was home to a Denny’s from 2017 until 2020. The Eltingville location closed its doors at the beginning of the pandemic and never reopened