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August 31, 2010
Bruckmann, Rosser, Sherrill & Co., Black Canyon Capital and Canyon Capital Advisors have agreed to sell Logan's Roadhouse to Kelso & Co. Logan's is a full service restaurant chain recreating the traditional American roadhouse. The company is being advised by Credit Suisse, North Point Advisors and Kirkland & Ellis on the deal, while Debevoise & Plimpton is serving as legal counsel to Kelso. Logan's was acquired by BRS, BCC and CCA in a $486 million LBO.
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