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• DEL FRISCO PLUS

Signature design elements, including a 1,500-bottle glass wine tower, the grand staircase, and a custom brass chandelier that provides visual connection and energy between the two floors, are all in view from the main bar area. But when that flagship’s original trade area starts shifting, when its first-generation look begins to feel dated, and when a stellar piece of real estate beckons from across town, the case for making such a move can be compelling. Landry's entertainment and hospitality divisions encompass popular destinations including the Galveston Island Historic Pleasure Pier, Kemah Boardwalk, Aquarium Restaurants and other exciting attractions, coupled with deluxe accommodations throughout the Houston and Galveston area, including the luxurious San Luis Resort, Spa & Conference Center on Galveston Island and the Post Oak Hotel in Houston, Texas.Moving a flagship location while at the same time introducing a bold new look isn’t without stress for the team involved or without risk for the concept.

Landry's gaming division includes the renowned Golden Nugget Hotel and Casino concept, with locations in Las Vegas and Laughlin, Nev.

DEL FRISCO PLUS

The company operates more than 500 high-end and casual dining establishments around the world, including well-known concepts such as Mastro's Restaurants, Morton's The Steakhouse, a group of signature high end restaurants, including Vic & Anthony's, Strip House, The Oceanaire, Chart House, Willie G's McCormick & Schmick's and Brenner's Steak House, plus casual dining brands including Landry's Seafood, Bubba Gump Shrimp Co., Rainforest Cafe, Mitchell's Fish Market Restaurants, and Saltgrass Steak House, along with popular New York BR Guest Restaurants such as Dos Caminos and Bill's Bar & Burger.

Fertitta, is a multinational, diversified restaurant, hospitality, gaming and entertainment company based in Houston, Texas. Landry's, Inc., wholly owned by Tilman J. and North Point Advisors LLC also co-advising. Jefferies LLC acted as lead financial advisor to Landry's with Deutsche Bank Securities Inc. Fertitta, "We couldn't be happier with the acquisition and are planning no changes to the operations." Both the Double Eagle and the Grille are known for their high energy atmosphere, quality food and expansive wine selections. Del Frisco's is a perfect complement to our existing high end steakhouse portfolio, which includes such notable concepts as Mastro's, Morton's, Vic and Anthony's, Strip House and Brenner's."ĭel Frisco's is a leading operator in the high end steak dining segment with over 35 restaurants in over 13 states in the U.S. According to Mr. Not to be outdone, the Lone Star State is home to four Del Frisco's Double Eagles, including both Dallas and Houston. The Boston Seaport Del Frisco's Double Eagle is a Boston mainstay and is one of Boston's most successful restaurants. The City of Brotherly Love also sports a tremendously popular Del Frisco's Double Eagle in historic downtown Philadelphia. The Del Frisco's Double Eagle located in midtown Manhattan is one of the highest grossing volume restaurants in the country and a New York City staple, while its sister brand, the Del Frisco's Grille delights its customers at Rockefeller Center. It is a storied high end steakhouse brand with roots set in Texas and iconic locations throughout the country. The sale to Landry's is expected to close at the end of October and does not include the ownership of the bartaco and Barcelona Wine Bar brands, which will be retained by L Catterton.įertitta stated, "We have been following Del Frisco's for many years and tried once previously to acquire the Company in 2012 before it went public. (NASDAQ: DFRG) in an all cash transaction valued at approximately $650 million, and closed its acquisition of the public company today. L Catterton previously announced on Jthe signing of a definitive agreement to acquire the publicly traded Del Frisco's Restaurant Group, Inc.

has signed a definitive agreement to acquire 100% of the Del Frisco's Double Eagle Steakhouses and the Del Frisco's Grilles from L Catterton, the largest and most global consumer-focused private equity firm, for an undisclosed price.

Fertitta announced today that Landry's, Inc.