On May 17, 2018, Del Frisco’s Restaurant Group (DFRG) acquired both of Barteca’s brands for $325 million in cash. Based in Irving, Texas, Del Frisco’s owns several chains of mostly steak houses, comprising 74 restaurants across 23 states including Del Frisco’s Double Eagle Steakhouse and Del Frisco’s Grille. Here’s what Sagaria said about bartaco’s future under its new ownership:Why did the owners of Barteca group agree to be acquired by Del Frisco Restaurant Group? We want to be a great restaurant and great business people. Often when an independent chain is acquired by a larger restaurant group, the acquirer changes the management team and the brand’s identity.

Source: Forbes February 25, 2019 19:14 UTC