Brinker International Sells Macaroni Grill

-- Foodservice Equipment & Supplies, 8/20/2008 10:50:00 AM

Brinker International Inc. signed an agreement with Mac Acquisition LLC, an affiliate of private equity firm Golden Gate Capital, to sell a majority interest in Roman’s Macaroni Grill. Brinker expects to receive $131.5 million for the sale, of which $6 million will be contributed to Mac Acquisition.

Following the sale, which is expected to close by the end of the calendar year pending approvals, Brinker will retain a 19.9-percent continuing ownership interest in the brand. In addition, Brinker agreed to provide corporate support services for a full year with a one-year extension option following the sale, and the company will retain representation on the board of directors of the new entity.

Talkback

We would love your feedback!

Post a comment

» View All Talkback Threads

Related Content

• Topics
• Author

Dominos and Macaroni Grill Make Monday Morning Headlines

08/18/2008

Restaurant Chain News

12/22/2009

In Brief

09/30/2008

Kitchens of the Future

06/30/2006

InBrief

10/01/2008

Also by this author

• FE&S' Facility Design Project of the Year

• The Vollrath Co. LLC

• Electrolux Professional Inc.

• Advance Tabco

• The 2010 Kitchen Innovations Award Recipients

»MORE

Sponsored Links

• Resource Center
• Browse Categories
• Browse Companies

Featured Company

• iBahn

  

  iBAHN speeds communications on the data highway. The company provides wired and wireless broadband services primarily to the hospitality industry in North America and Europe. It has wired guest and meeting rooms for voice and data capabilities in... more

• Red Gold, Inc.

  

  Red Gold, LLC is one of America's largest producers of tomato products. Offering premium quality ketchup, tomatoes and tomato juice at a more affordable price than other national brands, Red Gold is the right choice for today's foodservice economy... more

• Akamai

  

  Akamai has created a digital operating environment for the Web. Our global platform of thousands of specially-equipped servers helps the Internet withstand the crush of daily requests for rich, dynamic, and interactive content, transactions, and... more

• Perdue

  

  The PERDUE® brand is the number-one brand of premium chicken in the Eastern U.S. and is synonymous with quality products around the globe. With annual sales in excess of $4.6 billion, Perdue is ranked as the third largest poultry company in the... more

---

Most Recent Resources

• Electrolux air-o-convect
• Electrolux Dito Bermixer
• Weather the Economy with Help from Perdue
• Solving the Complex Consumer Value Equation
• 0% Financing Closes the Deal for Papa’s Refrigeration