Bain Capital completed the acquisition of Fogo de Chão from Rhône Capital.

Bain Capital, a private investment firm, completed the acquisition of Fogo de Chão, a restaurant brand, from Rhône Capital, a global private equity firm. Financial terms were not disclosed. “Barry and his team have done an impressive job building on the brand’s differentiated concept, strong value proposition, and rich Brazilian heritage. Fogo is the clear market leader, and we believe the business is poised to continue its rapid growth as consumers increasingly seek unique and authentic dining experiences,” Adam Nebesar, Bain Capital Partner.