Souper Salad buys Grandy's

SAN ANTONIO Texas Souper Salad Inc., the 87-unit buffet chain, has acquired most of the assets of 72-unit Grandy's Inc. from Spectrum Restaurant Group in a bankruptcy court auction.

Terms of the deal were not disclosed, but Souper Salad said it was acquiring one company-owned restaurant, four units managed by Grandy's, and franchise agreements to 67 stores. Super Salad, based here, which is a division of the Sun Capital Partners Inc. private-equity firm.

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