![]() ![]() "Bravo Brio's new parent launches FoodFirst Global Restaurants Inc". A class-action lawsuit filed in New York involved over 500 employees and the Company settled the case for $1.6 million. A class-action lawsuit filed in Missouri involved 8,000+ former and current employees and the Company settled the case for $4 million. In 2018, BBRG announced it had settled two lawsuits in 2017 for a total of $5.6 million. filed for voluntary Chapter 11 bankruptcy protection in the Middle District of Florida. On April 10, 2020, FoodFirst Global Holdings Inc. At that moment, Bravo and Brio managed 110 stores in 32 states, for an estimated sales volume of around 400 million dollars. BBRG sold for about $100 million and their shareholders received $4.05 per share in cash. and renamed FoodFirst Global Restaurants. On May 24, 2018, BBRG was sold to Spice Private Equity Ltd. In October 2010, BBRG went public and their IPO raised net proceeds of $62.4 million. Eventually, the restaurant group launched a second similar, but more upscale brand, Brio Tuscan Grille. ![]() The first restaurant opened in Columbus, Ohio. Initially, the restaurant group consisted of one brand, Bravo Cucina Italiana. History īravo Brio Restaurant Group (BBRG) was founded in 1992 by Rick Doody, his brother Chris Doody, and Executive Chef Phil Yandolino. Bravo! restaurants have a Roman ruin style décor and an open, Italian style kitchen focusing primarily on pastas and pizzas. Brio specializes in Northern Italian cuisine including bruschetta, pizza, pasta, steaks, seafood, soup and salad. Steve Layt is the company's chief executive officer. and rebranded as FoodFirst Global Restaurants, and is now based in Orlando, Florida. In 2018, the company was sold to Spice Private Equity Ltd. It was established in Columbus, Ohio as Bravo Brio Restaurant Group in 1992 by Rick and Chris Doody in collaboration with Executive Chef Phil Yandolino. FoodFirst Global Restaurants (formerly Bravo Brio Restaurant Group) is the parent company of the Bravo! Cucina Italiana and Brio Tuscan Grille restaurant chains in the United States. ![]()
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