Ropes & Gray Represents Café Rio Holding, Inc. in Acquisition by Freeman Spogli & Co.
Ropes & Gray represented Café Rio Holding, Inc., a portfolio company of affiliates of KarpReilly, LLC and Apax Partners, L.P., in the acquisition by Freeman Spogli & Co. of a majority interest in the company. Café Rio, founded in 1997, is a restaurant chain specializing in Mexican cuisine, and operates approximately 120 stores throughout the U.S. The acquisition was completed on September 8, 2017.
The Ropes & Gray team included private equity partner Daniel Evans, tax partner Adam Greenwood, benefits partner Allie Alperovich, labor and employment partner Megan Bisk, private equity associate Christian Westra and corporate associates Elizabeth Langton and Giancarlo Lee.