Bravo Brio Restaurant Group

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Bravo Brio Restaurant Group
Public
IndustryRestaurants
Founded1999
HeadquartersColumbus, OH
RevenueDecrease US$ 407 million (2017)
Number of employees
9,500 (Nov 13, 2013)[1]
Websitewww.bbrg.com

Bravo Brio Restaurant Group is the parent company of the Bravo! Cucina Italiana, Brio Tuscan Grille, restaurant chains in the United States. The company owns 118 restaurants and trades on the NASDAQ stock exchange under the symbol BBRG. It was established in 1992 by Rick and Chris Doody in collaboration with Executive Chef Phil Yandolino [2]and is based in Columbus, Ohio.[3] Brad Blum is the company's chief executive officer and chairman.[3][3] Brio specialized in Northern Italian cuisine including bruschetta, flatbread pizzas, pasta, steaks, seafood, soup and salad.[3] Bravo! restaurants have a Roman ruin style décor and an open, Italian style kitchen focusing primarily on pastas and pizzas.[4] The company's goal is to be the "Best Italian" restaurant company in America.[5]

History[edit]

Bravo Brio Restaurant Group (BBRG) was founded in 1992 by Rick Doody, his brother Chris Doody, and Executive Chef Phil Yandolino. Initially, the restaurant group consisted of one brand, Bravo Cucina Italiana. The first restaurant opened in Columbus, Ohio.

Eventually, the restaurant group launched a second similar, but more upscale brand, Brio Tuscan grille.

BBRG has over 110 locations in 32 states and one international location, San Juan, Puerto Rico.

In October 2010, BBRG went public and their IPO raised $140 million.

In May 2018, BBRG was sold [6]to a new restaurant company, FoodFirst Global Restaurants, Inc.. Bradley D. Blum, American restaurateur, and Brazilian- based investment firm GP investments formed FoodFirst Global. The acquisition of both brands marks the first for the new restaurant group. BBRG sold for about $100 million[7] and their shareholders received $4.05 per share in cash.

Board of Directors[edit]

Chairman/ CEO- Brad Blum Vice Chairman- Antonio Bonchristiano Chief Operating Officer- Bob Mock Chief Financial Officer- Diane Reed Chief Culinary Officer- John Imbriolo

References[edit]

  1. ^ DescriptionYahoo Finance
  2. ^ ""History"".
  3. ^ a b c d Charles Schelle Brio Tuscan Grille coming to Mall at University Town Center October 17, 2013 Bradenton Herald
  4. ^ Good Food and Good Times -- But Are They Good Stocks? by Brian Hill, October 7, 2013 Daily Finance; The Motley Fool
  5. ^ "About us". BBRG. Retrieved 2014-02-25.
  6. ^ https://www.foodfirst.com/press.html
  7. ^ https://www.foodnewsfeed.com/fsr/chain-restaurants/bravo-brio-being-sold-100-million


External links[edit]