Bain Capital buys Brazilian steakhouse chain Fogo de Chão in $1.1bn deal
Private Equity Insights
AUGUST 16, 2023
The deal marks a win for private equity firm Rhone Capital, which took Fogo de Chão private for $560m in 2018. Kirkland & Ellis served as legal counsel to Bain. Morgan Stanley & Co LLC is serving as financial adviser to Fogo de Chão and Rhône, while Sullivan & Cromwell served as legal counsel.
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