BOCA RATON Fla. Sun Capital Partners Inc. said it has completed the $80 million purchase of the 73-unit Smokey Bones Barbeque & Grill chain from Darden Restaurants Inc. As expected, Smokey Bones chief executive Ian Baines was retained in that post.Anthony G. Polazzi, vice president of Sun Capital Partners, said the private-equity firm’s brands include controlling interests in eight restaurant companies with 2,200 locations that generate $3.4 billion in sales. Those concerns include ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!