 |
Gagnier Communications handles Authentic Restaurant Brands as it acquires Fiesta Restaurant Group, which uses Joele Frank, in a deal worth $225M.
ARB is a portfolio company of Garnett Station Partners.
Dallas-based Fiesta is parent of the Pollo Tropical chain, which has 137 units in the US, Puerto Rico and the Bahamas.
It becomes part of ARB’s platform that includes Primanti Bros Restaurant & Bar, Mambo Seafood and P.J. Whelihan’s Pub & Restaurant.
“Pollo Tropical restaurants are a mainstay on the dining scene throughout Florida and we are confident that ARB is a perfect partner to harness the power of the brand for the future,” said Alex Macedo, ARB chairman.
Gagnier Communications’ Dan Gagnier and Lindsay Barber represent ARB and Garnett Station.
Joele Frank, Wilkinson Brimmer Katcher’s Matthew Sherman, Aaron Palash and Nick Jannuzzi handle Fiesta.
As capital concentrates among established firms, emerging managers must find new ways to earn investor confidence.
Teneo handles True Food Kitchen as the Scottsdale, AZ-based wellness food restaurant chain that counts Oprah Winfrey as a minority investor files for Chapter 11.
FGS Global and Teneo represent Canada’s billionaire Weston family as its Wittington Investments holding company acquires Boots Group, the 177-year-old UK health & beauty retailer, from Sycamore Partners for $8.9B.
Joele Frank handles C.H. Robinson Worldwide as the freight transportation company acquires RXO Inc. in a stock and cash transaction pegged at $5.8B to create a company with an enterprise value of more than $25B.
Brunswick Group handles France’s Schneider Electric as it acquires Boston’s PTC, maker of engineering software, for $22.6B cash.
