Vinci Partners to acquire a 67% stake in Outback for BRL1.38bn.

Vinci Partners, a private equity firm, agreed to acquire a 67% stake in Outback, a renowned casual dining chain, celebrated for its bold flavors and unique dining experience, for BRL1.38bn. The transaction aims to leverage Vinci Partners' expertise in the food service sector, with the objective of replicating the success of its investment thesis in Burger King Brazil, acquired in 2011 and taken public six years later. The strategic plan is ambitious: to double Outback’s footprint in Brazil, expanding the chain to over 300 locations.