Brio and Bravo Receive Strategic Investment
R&R Brands, a new multibrand restaurant group led by Scott Taylor, has made a strategic investment in Brio Italian Grill and Bravo Italian Kitchen.
The two Italian casual-dining chains, which filed for Chapter 11 bankruptcy in August, will be revitalized under the new management.
- Brio and Bravo were previously owned and operated by Earl Enterprises.
- R&R Brands will take over as manager of the brands, joining other brands such as Party Fowl, Cody’s Original Roadhouse, and Santa Fe Cattle Co.
No comment was made on the size of the stake Earl Enterprises maintains under the new agreement.
The new agreement closed in October, marking a new chapter for the two Italian chains.
Author's summary: Brio and Bravo get new investor.
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