DFRG Profile
Del Frisco's Restaurant Group, Inc. (DFRG) was a publicly-traded restaurant company that owned and operated a network of high-end steakhouse and grill restaurants in the United States. The company was founded in 1981 and was headquartered in Irving, Texas.
Del Frisco's Restaurant Group's portfolio of brands included Del Frisco's Double Eagle Steakhouse, Del Frisco's Grille, and Sullivan's Steakhouse. The company's restaurants were known for their high-quality food and beverages, attentive service, and upscale atmosphere.
Del Frisco's Restaurant Group faced some challenges related to changes in consumer behavior and preferences, as well as disruptions to the restaurant industry caused by the COVID-19 pandemic. The company also faced intense competition from other restaurant chains, including Ruth's Chris Steak House, Capital Grille, and Fleming's Prime Steakhouse & Wine Bar.
In 2019, Del Frisco's Restaurant Group was acquired by L Catterton, a private equity firm, in a deal worth approximately $650 million. The acquisition was aimed at expanding L Catterton's presence in the restaurant industry and leveraging Del Frisco's Restaurant Group's strong brand recognition and loyal customer base.
As a result of the acquisition, Del Frisco's Restaurant Group is no longer a publicly traded company. However, its legacy continues through its contributions to the development of the high-end restaurant industry in the United States, and through the many diners who were able to enjoy exceptional meals and dining experiences at its restaurants.
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