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Brio Tuscan Grille

Emerging Brands

Robert Earl says he’s out to save independent restaurants

Not coincidentally, his new virtual venture may add to his success, too.

Financing

Robert Earl group agrees to buy 45 restaurants from Bravo and Brio's parent in $29M deal

The operator of Planet Hollywood and Buca di Beppo is paying just $50,000 in cash for FoodFirst Global Restaurants.

The crisis has been a catalyst for righting supply and demand while also proving QSRs don’t have a hammerlock on off-premise.

Additional closings and a sale of the company could follow, according to court documents.

Blum also resigned his post as chairman, but remains a co-owner of the polished-casual chains.

Get Top 500 data: sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomic’s analysis, growth forecast and more.

Dave Pickens, a former president of Olive Garden, will also serve as COO.

The two casual Italian brands will be the nucleus for a new company run by the former Olive Garden chief, with financial backing from Brazil-based GP Investments.

The two-concept Italian operation says its pending acquisition by a Swiss private-equity group is a better deal.

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