date:Apr 11, 2013
US-based restaurant operator Ignite Restaurant Group has completed the acquisition of Romano's Macaroni Grill for about $55m from private equity firm Golden Gate Capital, management and investors.
The acquisition includes 186 company-owned and five franchised restaurants across 36 states as well as 19 additional franchised units throughout nine US territories and foreign countries.
Ignite Restaurant Group chief executive officer Ray Blanchette said that the company is pleased to have closed on