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Bain to buy Churrasco Chain Fogo de Chão

Bain Capital Private Equity has reached a deal to acquire Fogo de Chão from Rhône Capital, which has owned the company since 2018.

fogo 8 15 23Image courtesy of Fogo de ChãoFogo will continue to operate under its current management team, led by CEO Barry McGowan. Financial terms of the private purchase were not disclosed.