Fogo de Chao


Fogo de Chao to be acquired by Bain Capital

The deal is a change of course for the 76-unit steakhouse brand, which had been preparing for an IPO.


Fogo de Chao is not your average steakhouse

The Brazilian churrasco concept, in fact, is dropping “steakhouse” from its name as it looks to highlight its unique service style and varied menu.

With double-digit AUVs and strong traffic growth, the Brazilian steakhouse chain is building momentum as it prepares to return to Wall Street.

New bar bites and handcrafted cocktails draw guests to lighter fare at the meat-centric Brazilian churrasco chain.

The 60-unit Brazilian steakhouse chain filed for an IPO on Wednesday, three years after being taken private. It reported strong unit economics coming out of the pandemic.

Customers apparently couldn’t wait to get back to the Brazilian steakhouse chain this year, resulting in eye-popping sales growth.

The Brazilian steakhouse concept had a better year than you'd think and is looking to get back to expansion.

A roundup of items that are in the works or launching in 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.

President Barry McGowan will take over the top role at the Brazilian steakhouse chain months after it was acquired by Rhone Capital.

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