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Fogo de Chao buyout financing being led by JPMorgan and Jefferies
By Sara Rosenberg
New York, May 29 - Fogo de Chao Churrascaria (Holdings) LLC received a financing commitment to help fund its acquisition by Thomas H. Lee Partners LP from GP Investments Ltd., according to a news release.
J.P. Morgan Securities LLC and Jefferies Finance LLC are leading the financing.
Closing on the buyout is expected in the third quarter, subject to regulatory approvals and other customary conditions.
Fogo de Chao is a Dallas-based steakhouse chain in the United States and Brazil.
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