This Way In >>

Irving-based Del Frisco’s has been sold to the same PE group that owns PF Changs, Uncle Julio’s, Velvet Taco

Del Frisco’s Restaurant Group announced today that they’ve been sold to L Catterton, a private equity group that also owns Uncle Julio’s, Velvet Taco and PF Changs. The deal gives L Catterton the entire DFRG portfolio, which includes Del Frisco’s Double Eagle and Del Frisco’s Grille offshoots, plus the company’s two growth chains, Barcelona Wine Bar and Bartaco (the one concept we love).

L Catterton will likely cleave Barcelona Wine Bar and Bartaco from the two steakhouses. Barcelona and Bartaco would then be operated along with the upscale Mexican chain Uncle Julio’s. The company also now owns Velvet Taco.

L Catterton, a frequent buyer and investor in restaurant chains, owns restos that include Noodles & Co., Snap Kitchen, Piada Italian Street Food, Hopdoddy Burger Bar, Uncle Julio’s, and Punch Bowl Social, which opens in Dallas next week. The company also owns Cholula hot sauce, just to keep things spicy.

“L Catterton brings a distinguished track record of fostering the growth and success of world-class experiential brands,” Del Frisco’s CEO Norman Abdallah said in a statement.

I think this sale is good news for diners who love prime beef. The quality of a meal at Del’s has slipped in the last few years. I cook a better steak at home than Del’s does (see the pic above for proof.) Now there’s a glimmer of hope the tarnished brand can regain some of its original sparkle.

Recently Published


DFW Central Market stores brought in 450 ice creams from all over the U.S. – and they’re all on sale right now

DFW Central Market stores are cooling off the summer with ...


New “modern Chinese” restaurant set to open in Dallas’ Preston Center

New owners will try to exorcise old demons from an ill-fated ...


K’s House near Trinity Groves is the upscale Korean restaurant Dallas needs

You won’t find a buffet line or an all-you-can-eat menu ...


Next time you are stuck at Dallas City Hall, you’re also stuck with Dickey’s Barbecue

Dickey’s Barbecue Pit will take over the entire Dallas City Hall ...


Punch Bowl Social set to open in Fort Worth July 27

Fort Worth will have a new place to eat, drink and play when ...


Mixt brings its West Coast salad sensibilities to Uptown Dallas

  Salads, grain bowls and food on-the-go are the specialties ...


Fearings at Ritz-Carlton Dallas launches late-night dinner series with guest chefs all summer

Fearing’s restaurant at the Ritz Carlton Dallas has ...


Al Biernat’s celebrates 21st birthday with a promo collaboration with NY’s 21 Club

Dallas’ Al Biernat’s steakhouse on Oaklawn Avenue ...


Punch Bowl Social scores a KO for its scratch kitchen, craft cocktail bars, “eatertainment” in Dallas’ Deep Ellum neighborhood

Denver-based Punch Bowl Social swings open the doors to its 17th ...