OAK BROOK Ill. McDonald's Corp. said it has agreed to sell the 630-unit Boston Market fast-casual chain to the private-equity firm Sun Capital Partners, parent of such restaurant brands as Fazoli's, Chevys, El Torito and Bruegger's. Terms were not disclosed. McDonald’s acquired Golden, Colo.-based Boston Market in 2000 for $173.5 million. Executives indicated at the time that they initially were interested in acquiring the chain for its real estate, with an eye toward converting the ...
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Contact: Desiree Torres Desiree.Torres@penton.com