Davis Polk Advises Brinker International on Its Acquisition of 103 Franchised Chili’s Restaurants
Davis Polk advised Brinker International, Inc. in connection with its $106.5 million acquisition of Pepper Dining Holding Corp., a franchisee of 103 Chili’s Grill & Bar restaurants primarily located in the northeastern and southeastern United States.
Brinker International is one of the world’s leading casual dining restaurant companies. Founded in 1975 and based in Dallas, Texas, as of March 25, 2015, Brinker owned, operated or franchised 1,629 restaurants under the names Chili’s Grill & Bar and Maggiano’s Little Italy.
The Davis Polk corporate team included partners Richard A. Drucker and Michael Davis and associates Brian L. Friedman and Shaun Levor. Partner Kathleen L. Ferrell and associate Sam R. Van Peperstraete provided tax advice. Counsel Susan D. Kennedy and associate Matthew S. Bryant provided real estate advice. Counsel Hayden S. Baker provided environmental advice. All members of the Davis Polk team are based in the New York office.