Freeman Spogli & Co. acquires Cafe Rio, Inc.

On September 7, 2017, Freeman Spogli & Co. acquired Cafe Rio, Inc., a restaurants company in Arizona, United States, from Apax Partners LLP and KarpReilly LLC.

Deal at a glance

AnnouncedSeptember 7, 2017 TypeSecondary Buyout TargetCafe Rio, Inc. Buyer Freeman Spogli & Co. Sellers Apax Partners LLP
KarpReilly LLC SectorRestaurants LocationArizona, United States ValueNot disclosed

Target company

Cafe Rio, Inc.

Arizona, United States

Restaurantssector

1959founded

Activestatus

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Buyer

Freeman Spogli & Co.

Private equity firm · 57 deals on record

4th transaction in restaurants
36th transaction in United States

57deals, all time

5in this sector

2021latest

Sellers (2)

Apax Partners LLP

Private equity firm · 295 deals on record

KarpReilly LLC

Private equity firm · 45 deals on record

295investments

2in this sector

151exits

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The full deal history of every party

Co-investors and the other advisors on this deal

Deal value and revenue or EBITDA multiples

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Questions about this deal

Who acquired Cafe Rio, Inc.?Freeman Spogli & Co. acquired Cafe Rio, Inc. on September 7, 2017.

Who sold Cafe Rio, Inc.?Apax Partners LLP and KarpReilly LLC were the sellers.

What type of deal was it?It was a secondary buyout in the restaurants sector in 2017.

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