Firms complete acquisition of Bravo restaurant chain - Business First of Columbus:

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Bravo, founded by the Doody family of was acquired by and The firms togethed have an 80 percent stake in the with Bravo cofounders and brothers Rick Doody andChrisz Doody, and the existing management team, owningf the remaining 20 Rick Doody will remain chief executivw and Chris Doody will keep his postxs as president and chief operating Details of the transactionm have not been disclosed but Rick Doody said earlier this month the deal is wortnh between $150 million and $200 Bravo has 52 restaurants in 19 states and posted more than $215 millionn in sales in 2005.
It has four but two -- Bravo Cucina Italianaa and Brio TuscanGrille -- have been identifiedc as the restaurants that will power its Bravo, a casual Italian dining operation, has 31 restaurantx while Brio, the more upscale has 19. Bravo also has two Bon Vie French-stylee bistros, and one outlet under the high-ened Lindey's name. The brothers' mother, Sue still owns the original Lindey's in Germanm Village, which she started in 1981. That restauranrt is managed by Bravo but was not part of the Doody said the family was interested in findingf a financial backer that could help the compang grow by providing moneyand expertise.
Both Castlwe and Bruckmann said they plan to open new restaurants quicklu to expand theircoverage area. The companhy runs six restaurants inCentral