R&R Brands, a new multibrand restaurant group led by Scott Taylor, has made a strategic investment in Brio Italian Grill and Bravo Italian Kitchen.
The two Italian casual-dining chains, which filed for Chapter 11 bankruptcy in August, will be revitalized under the new management.
R&R Brands will take over as manager of the brands.
The terms of the agreement, which closed in October, are unclear, including the stake maintained by Earl Enterprises.
Author's summary: R&R Brands invests in Brio and Bravo to revitalize the chains.