Roark Capital Group, owner of Focus Brands and McAlister’s Deli, has signed an agreement to acquire the Corner Bakery Café and Il Fornaio brands from Bruckmann Rosser Sherrill & Co., according to two sources familiar with the deal and a report on PEHub.com, a website covering private-equity news. The transaction is scheduled to be completed in June, according to a source who spoke to Nation’s Restaurant News, but asked to remain anonymous because he has numerous ...
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Contact: Desiree Torres Desiree.Torres@penton.com