Bravo! and Brio restaurants change hands again, 2020-06-15

Par un écrivain mystérieux
Last updated 27 juin 2024
Bravo! and Brio restaurants change hands again, 2020-06-15
ORLANDO, FLA. — Earl Enterprises, parent company of Buca di Beppo and Bertucci’s, has acquired Brio Italian Grille and Bravo! Italian Kitchen from FoodFirst Global Restaurants, Inc. Financial terms of the transaction were not disclosed. FoodFirst filed for Chapter 11 bankruptcy protection in early April after struggling for months due to elevated food costs, labor pressure, unprofitable locations and the coronavirus (COVID-19) outbreak, according to the filing. “In order to save jobs and the viable restaurants, it will be necessary to pursue a company sale . . .
Buca di Beppo parent purchases brands from bankrupt FoodFirst Global Restaurants.
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