Bill Herman and Larsen MacColl Partners finally got their restaurant chain.
Larsen MacColl, a private-equity group based in Wayne, Pa., this week reached a deal to buy B&B Franchise Group, parent company of Burger & Beer Joint of Boca Raton, Fla., with an investment from Herman, the chain’s CEO, three years after they first tried buying the burger-focused casual-dining chain.
Terms of the deal were not disclosed.
They have big plans. “It