US fast casual restaurant chain Cafe Rio acquired by Freeman Spogli

US fast casual restaurant chain Cafe Rio acquired by Freeman Spogli

Restaurant industry news : Los Angeles-based private equity firm Freeman Spogli & Co has acquired a majority stake in Utah-headquartered US fast casual restaurant chain Cafe Rio Mexican Grill. Neither the stake nor the acquisition amount was disclosed by the concerned parties. However, Café Rio will be continued to be led by its existing management […]