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Post Mallory v. Norfolk Southern Railway Co., are foreign corporate defendants “found within the district” for purposes of Rule B by registering to do business in New York and...

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Bain Capital buys Brazilian steakhouse chain Fogo de Chão in $1.1 billion deal

Private equity firm Bain Capital on Tuesday agreed to buy Fogo de Chão, in a deal people familiar with the matter said valued the Brazilian steakhouse chain at about $1.1 billion, including debt. The deal marks a win for private equity firm Rhone Capital, which took Fogo de Chão private for $560 million in 2018. Under Rhone's ownership, Fogo de Chão's financial performance improved and it has posted annual revenue growth of 15% since 2021.

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Bain Capital Buys Brazilian Steakhouse Chain Fogo De Chão in $1.1 Billion Deal

Bain Capital Buys Brazilian Steakhouse Chain Fogo De Chão in $1.1 Billion Deal
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Bain Capital buys Brazilian steakhouse chain Fogo de Chão in $1.1 billion deal

By Abigail Summerville NEW YORK (Reuters) - Private equity firm Bain Capital on Tuesday agreed to buy Fogo de Cho, in a deal people familiar with the ...

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