TSG's Pierre LeComte discusses Yard House sale, casual-dining outlook

Earlier this month, Darden Restaurants Inc. said it has agreed to buy Yard House USA Inc., an Irvine, Calif.-based chain that will bring a more contemporary concept into the casual-dining giant’s portfolio.

Yard House was sold by private-equity firm TSG Consumer Partners LLC, which had taken a 70-percent stake in the chain in 2007, when it only had 16 locations. This weekend, Yard House is scheduled to open its 40th unit, and the

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