About This Deal

Brinker International acquired Pepper Dining Holding Corp. for $106.5 million, a transaction announced in June 2015.

Brinker acquired Pepper Dining Holding Corp., a franchisee operating 103 Chili's Grill & Bar restaurants primarily in the Northeast and Southeast U.S., to bring the units under company operation and roll out its loyalty program and reimaging.

Brinker acquired Pepper Dining Holding Corp., a franchisee operating 103 Chili's Grill & Bar restaurants primarily in the Northeast and Southeast U.S., to bring the units under company operation and roll out its loyalty program and reimaging.

Deal Terms

Acquirer
Brinker International
Target
Pepper Dining Holding Corp.
Value
$106.5 million
Date
June 2015
Type
Full acquisition
Status
Completed

Transaction Details

Announced
June 25, 2015

In Their Words

Brinker International, Inc. (NYSE: EAT) today announced it has acquired Pepper Dining Holding Corp., a franchisee of 103 Chili's Grill & Bar restaurants... The purchase price of $106.5 million was funded with availability under Brinker's existing credit facility.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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