Brinker International Inc. said late Thursday it had agreed to sell 89 corporate units within its flagship Chili’s Grill & Bar chain to Pepper Dining Inc., an affiliate of private-equity firm Olympus Partners. Terms of the deal were not disclosed. Brinker also said Pepper Dining agreed to develop an additional 20 to 44 new franchised Chili’s units throughout the U.S. East Coast. The deal is the largest franchise transaction in Brinker history, the company noted in a statement, and is ...
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!