Garnett Station Partners-backed Authentic Restaurant Brands completed the acquisition of Fiesta Restaurant Group for $225m.

Garnett Station Partners-backed Authentic Restaurant Brands, a holding company of powerhouse, regional food and beverage brands, completed the acquisition of Fiesta Restaurant Group, parent company of the Pollo Tropical restaurant brand, for $225m. "Fiesta and Pollo Tropical restaurants are a natural fit into ARB’s existing portfolio. Pollo Tropical restaurants have a storied heritage and a deep-rooted connection with their local communities that perfectly align with ARB’s ethos and value proposition. ARB looks forward to working with Dirk and Fiesta’s leadership," Matt Perelman, Garnett Station Partners Managing Partner and Co-Founder.