ATLANTA El Pollo Loco fast-casual and Charlie Brown’s steak-house chains. —Rare Hospitality International Inc. has agreed to sell its 31-unit Bugaboo Creek Steakhouse chain for $28 million to a holding of Trimaran Capital Partners, the private-equity owner of the
The deal is expected to close in the third quarter, according to Rare, whose other restaurant holdings include the 275-unit Longhorn Steakhouse and 26-unit Capital Grille chains. —Rare Hospitality International Inc. has agreed to sell its 31-unit Bugaboo Creek Steakhouse chain for $28 million to a holding of Trimaran Capital Partners, the private-equity owner of the
Atlanta-based Rare had said in September that it was looking to divest Bugaboo Creek, its most down-market brand. —Rare Hospitality International Inc. has agreed to sell its 31-unit Bugaboo Creek Steakhouse chain for $28 million to a holding of Trimaran Capital Partners, the private-equity owner of the