Brinker inks deal to sell 89 Chili’s units to equity firm’s affiliate

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 st

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