M&A Deal Summary

Spice Private Equity Acquires Bravo Brio

On March 8, 2018, private equity firm Spice Private Equity acquired restaurant Bravo Brio for 100M USD

Acquisition Highlights
  • This is Spice Private Equity’s 2nd transaction in the Restaurants sector.
  • This is Spice Private Equity’s largest (disclosed) transaction.
  • This is Spice Private Equity’s 2nd transaction in the United States.
  • This is Spice Private Equity’s 1st transaction in Ohio.
Investment Fate
  • Bravo Brio went bankrupt in 2020.

M&A Deal Summary

Date 2018-03-08
Target Bravo Brio
Sector Restaurants
Buyer(s) Spice Private Equity
Deal Type Going Private
Deal Value 100M USD

Target

Bravo Brio

Columbus, Ohio, United States
Bravo Brio is a restaurant company featuring two rapidly growing, category defining brands in the upscale casual Italian dining segment: Bravo Cucina Italiana and Brio Tuscan Grille. Bravo Brio was founded in 1987 and is based in Columbus, Ohio.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

DESCRIPTION


DEAL STATS #
Overall 3 of 4
Sector: Restaurants M&A 2 of 2
Type: Going Private M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2018 M&A 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-15 Leon Restaurants

London, United Kingdom

Leon Restaurants is an operator of fast-food restaurants. It serves Breakfast, Lunch, Dinner, Coffee, and Drinks. Leon Restaurants was founded in 2004 and is based in London, Engaland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-11 Craftory

London, United Kingdom

Craftory is a consumer goods company established to back challenger brands. Craftory will focus on acquiring & scaling high-growth consumer brands with more than $10 million revenues in health and beauty care, personal care (including male grooming and feminine hygiene); health food and snacks; beer, wine & spirits; tea, coffee and soft drinks; chocolate; household care; perfumes & fragrance; pet care; and any blended, multi-category plays. Craftory was founded in 2017 and is based in London, England.

Buy -