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Ignite Restaurant Group Inc Completes Acquisition of Romano’s Macaroni Grill

Tuesday, 9 Apr 2013 04:00pm EDT 

Ignite Restaurant Group Inc announced that it has completed the previously announced acquisition of Romano`s Macaroni Grill (Macaroni Grill) for approximately $55.0 million in an all-cash transaction from private equity firm Golden Gate Capital, management and investors. The acquisition includes 186 company-owned and five franchised restaurants across 36 states as well as 19 additional franchised units throughout nine U.S. territories and foreign countries. 

Company Quote

0.22 +1.55%
17 Apr 2014