Beef 'O' Brady's completes a recapitalization

TAMPA, Fla. Family Sports Concepts Inc., the franchisor of more than 230 Beef ‘O’ Brady’s casual-dining restaurants, closed last week on a “major recapitalization” funded by private-equity firm Levine Leichtman Capital Partners, according to a statement from the parties. Terms of the deal were not disclosed.

The invested capital will be used for shareholder dividends and additional unit growth, said investment bank The Cypress Group, which structured the deal.

Register to view the full article

Register to view this article

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish