THL Invests in Steakhouse Chain with Brazilian Flair
May 31, 2012- Share:
Thomas H. Lee Partners has entered into a definitive agreement with GP Investments to acquire the full-service restaurant chain Fogo de Chão for $400 million. Established in 1979 in Southern Brazil, Fogo de Chão is an authentic Brazilian steakhouse with 7 locations in Brazil and 18 eateries in the U.S. The transaction is expected to close in the third quarter.
Restaurants and Bars
Dallas, TX
Full-service steakhouse featuring Southern Brazilian cuisine
Investor
Seller
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