Deal will spur franchise opportunities for bakery-café brand
Roark Capital Group has acquired Il Fornaio America Corp., the owners of Il Fornaio, Canelleto Ristorante Veneto and Corner Bakery Café, from Bruckmann Rosser Sherrill & Co., the company told Nation’s Restaurant News. Terms of the deal, which will be announced later today, were not disclosed. Nation’s Restaurant News reported the deal last month, based on various sources. In an exclusive interview with Nation’s Restaurant News last week, Roark Capital confirmed ...
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