May 27, 2017 12:22 PM ET

Hotels, Restaurants and Leisure

Company Overview of Bagger Dave's Burger Tavern, Inc.

Company Overview

Bagger Dave's Burger Tavern, Inc. owns and operates restaurants in the United States. The company’s restaurants offer burgers; fries and sweet potato chips; craft beers, wines, and specialty cocktails, as well as sandwiches, starters, salads, sides, soda, and hand-dipped ice cream and milkshakes. It operates 19 Bagger Dave's restaurants, including 16 in Michigan, 1 in Indiana, and 2 in Ohio. The company also bottles and sells craft sodas and proprietary sauce recipes in-store for guests to take home for personal consumption or gifts; and gift cards. The company was founded in 2008 and is headquartered in Traverse City, Michigan. As of November 1, 2016, Bagger Dave's Burger Tavern, Inc. opera...

807 West Front Street

Suite B

Traverse City, MI 49684

United States

Founded in 2008

Phone:

231-486-0577

Key Executives for Bagger Dave's Burger Tavern, Inc.

Chairman of the Board, Chief Executive Officer and President
Age: 45
Compensation as of Fiscal Year 2016.

Bagger Dave's Burger Tavern, Inc. Key Developments

Bagger Dave's Burger Tavern, Inc. announced delayed annual 10-K filing

On 03/27/2017, Bagger Dave's Burger Tavern, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

Bagger Dave's Burger Tavern, Inc. Announces Board Changes

On February 8, 2017 the board of directors accepted the resignation of Mr. Joseph M. Nowicki as a member of the board of directors of Bagger Dave’s Burger Tavern, Inc. At the same time the board elected Ms. Phyllis Knight to fill Mr. Nowicki’s position on the Board. Ms. Knight will hold that position until she is replaced, resigns, or is removed from office. Mr. Nowicki based his resignation on personal matters, not because of any disagreement with the Company on any matter related to the Company’s operations, policies or procedures. Ms. Knight brings more than 30 years of finance, accounting and leadership experience to the Company. She has served in several senior executive positions in manufacturing, home builder and mortgage services industries. Ms. Knight most recently served as EVP and CFO of Polar Corporation. Prior to that, Ms. Knight spent eleven years at Champion Enterprises, Inc. and Champion Enterprises Holdings, LLC, the bulk of which as EVP and CFO. At Champion, she directed all finance functions, including strategic planning, Securities and Exchange Commission reporting, treasury, capital markets, investor relations, cash management, risk management, mergers and acquisitions, and IT.

Diversified Restaurant Holdings Mulls Strategic Options for Bagger Dave's Unit

Diversified Restaurant Holdings, Inc. (NasdaqCM:SAUC) is seeking multiple strategic options for its Bagger Dave's Burger Tavern chain. It said the decision to explore options for the unit follows Diversified last year focusing resources on developing and expanding its Buffalo Wild Wings franchises while right-sizing the Bagger Dave chain. The company said it makes no guarantee it will complete a deal for the unit, adding it does not intend to provide investors with updates unless there is a proposed transaction or the process is called off.

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Recent Private Companies Transactions

Type
Date
Target
Spin-Off/Split-Off
July 28, 2016
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