Fogo de Chão
| Private | |
| Industry | Restaurants |
| Genre | Casual dining |
| Founded | 1979 |
| Headquarters | 5908 Headquarters Dr, Plano, Texas, U.S. |
Number of locations | 47 |
Area served | United States, Brazil and Mexico |
| Products | Churrascaria |
| Website |
www |
Fogo de Chão (Brazilian Portuguese: [ˈfo.ɡu dʒi ʃɐ̃w]) is a fine dining, full-service Brazilian steakhouse or churrascaria. Fogo de Chão currently operates 35 locations in the United States, 10 locations in Brazil, and 2 in Mexico.[1] The name Fogo de Chao means "fire of ground" and summarizes the traditional gaucho method of roasting meats over an open fire.
History
The company was founded by two sets of brothers, the Cosers and Ongarattos in the countryside of Rio Grande do Sul in 1979. The first United States location opened in Dallas, Texas in 1997. The Brazilian private equity firm, GP Investments, made their initial investment in Fogo de Chão in 2006 and sold its shares to American private equity firm Thomas H. Lee Partners in 2012. On April 20, 2015, the company filed for an initial public offering on the NASDAQ.[2] It traded there under the symbol FOGO until April 5, 2018, when it was acquired by Rhône Capital.[3]
See also
References
- ↑ "Fogo de Chao Form 10-K 2017". www.sec.gov. March 5, 2017. Retrieved 2018-01-26.
- ↑ "Brazilian Steakhouse Fogo de Chao Discloses IPO Plan". The Wall Street Journal. Retrieved 2015-04-27.
- ↑ "Rhône Completes Acquisition of Fogo de Chão, Inc". NASDAQ: Globe Newswire. 5 April 2018. Retrieved 17 April 2018.
The acquisition was announced on February 20, 2018, and the transaction closed and became effective today. ... As a result of the completion of the acquisition, Fogo’s common stock has ceased trading as of today on the NASDAQ Global Select Market.
External links
"Our History." Home. Fogo De Chao, 2013. Web. 13 Jan. 2014.