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New Deal


Announced

Rhone Capital acquired Fogo de Chao for $560m.

Financials

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Transaction Value£390m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales1.6x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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mexican restaurant

Restaurants and Bars

United States

Private

Venture Capital

Pending

Acquisition

Friendly

Single Bidder

Private Equity

Synopsis

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Fogo de Chão, Inc. announced an agreement to be acquired by investment entities affiliated with Rhône Capital. Under the terms of the agreement, Rhône will acquire the Company in an all cash transaction valued at $560 million. The Company’s stockholders will receive $15.75 per share, representing a 25.5 percent premium to the closing share price of the Company’s shares on February 16, 2018.

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