L Catterton Acquires Del Frisco's Restaurant Group; Sells Steakhouse Assets to Landry's

TriArtisan, Treville and Yadav Enterprises Acquire Denny's Corporation (Take Private)

January 16, 2026

Restaurants & Hospitality

Denny’s Corporation completed its previously announced acquisition by a consortium led by TriArtisan Capital Advisors, along with Treville Capital Group and franchisee Yadav Enterprises. The $620 million all-cash transaction took Denny’s private and resulted in Denny’s common stock ceasing to trade on Nasdaq as of January 16, 2026.

Individual Investor Acquires Cattlemen's Steakhouse, Inc.

January 29, 2025

Restaurants & Hospitality

Generational Group advised the sale of Cattlemen's Steakhouse, Inc., a historic Oklahoma City steakhouse, to an unnamed individual investor, with the transaction closing on January 29, 2025. The buyer acquired both the business and its real estate and intends to preserve the restaurant's long-standing atmosphere and operations.

Darden Restaurants Acquires Chuy's Holdings, Inc.

October 14, 2024

Restaurants & Hospitality

Darden Restaurants completed its previously announced all-cash acquisition of Chuy's Holdings, Inc. for an enterprise value of approximately $605 million, financed in part with proceeds from senior note offerings. Chuy's—founded in Austin, Texas—operates just over 100 Tex‑Mex restaurant locations (about 101 stores) with annualized unit volumes of roughly $4.5 million; Chuy's stockholders approved the merger and the company's common stock ceased trading on Nasdaq.

Bain Capital Acquires Dessert Holdings from Gryphon Investors

April 26, 2021

Food & Beverage

Bain Capital Private Equity has entered into a definitive agreement to acquire Dessert Holdings, a St. Paul–based premium dessert platform that includes The Original Cakerie, Lawler’s Desserts, and Atlanta Cheesecake Company. The acquisition from Gryphon Investors will support Dessert Holdings’ next stage of growth—pursuing product innovation, organic expansion and add-on opportunities—and is expected to close in Q2 2021 (debt financing led by Antares Capital).

Chopt Acquires Dos Toros Taqueria; L Catterton Backs New Founders Table Restaurant Group

January 23, 2020

Restaurants & Hospitality

Fast-casual salad chain Chopt has purchased burrito chain Dos Toros Taqueria in a deal funded by private equity firm L Catterton. The two brands will sit under a new parent, Founders Table Restaurant Group (led by Chopt CEO Nick Marsh), remain separate customer-facing concepts and will roll out a shared loyalty program; financial terms were not disclosed.

L Catterton Acquires Cholula

April 15, 2019

Food & Beverage

L Catterton, the consumer-focused private equity firm, completed its acquisition of Cholula, a leading hot sauce producer and distributor. Terms were not disclosed; L Catterton said it will support Cholula’s continued expansion in the hot sauce category and broader retail and foodservice markets.