Private equity firm Thomas H. Lee Partners LP said Tuesday it has agreed to buy the 25-unit Fogo de Chão chain from GP Investments Ltd. GP Investments, based in Sao Paulo, Brazil, valued the deal for the full-service Brazilian-style churascarria chain at about $400 million. The companies said they expect to close the deal in the third quarter. Boston-based Thomas H. Lee Partners, or THL, was part of a group that bought Dunkin’ Brands Inc. and took it public in 2011. Jeff T. ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

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!

Already registered? here.