-->

Tuesday, September 25, 2018

My Favorite Restaurant Stock - Fogo de Chao (NASDAQ:FOGO ...
src: static.seekingalpha.com

Fogo de Chão (Brazilian Portuguese: ['fo.?u d?i ???w]) 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. The name Fogo de Chao means "fire of ground" and summarizes the traditional gaucho method of roasting meats over an open fire.


Video Fogo de Chão



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. It traded there under the symbol FOGO until April 5, 2018, when it was acquired by Rhône Capital.


Maps Fogo de Chão



See also

  • List of steakhouses

Serve From A Brazilian Skewer To 1200 Customers At Fogo De Chao Daily
src: churrascoshop.com


References


Fogo de Chão Houston - International Contractors, Inc ...
src: iciinc.com


External links

  • Official website
  • TexasBidding.com Fogo de Chao profile
  • GP Investments 2007 Annual Report

"Our History." Home. Fogo De Chao, 2013. Web. 13 Jan. 2014.

Source of article : Wikipedia