Several law firms act on the acquisition of Outback in Brazil by Vinci
Tauil & Chequer Advogados, in association with Mayer Brown, assisted Vinci Partners (via its fourth private equity fund) in the acquisition of control of the Outback Steakhouse operations in Brazil from its shareholder Bloomin’ Brands, which was advised by Lefosse Advogados. The company Outback Steakhouse Restaurantes Brasil and its board were assisted by Souto Correa Advogados.
Vinci will now own 67% of the operation and the American company will remain a shareholder with 33%. The closing of the transaction is subject to compliance with the usual conditions precedent for this type of operation.
The company owns three restaurant brands in Brazil: Outback, with 174 units, Abbraccio, with 17, and Aussie, with 2. The enterprise value of the company considered for the operation was R$ 2.06 billion.
Tauil & Chequer was led by partners Carlos Motta (pictured left) and Guilherme Tranquillini and included associates Thiago Coimbra, Isabella Santos and Raíssa Lopez, from the Corporate and M&A practice. Also supporting were partner Giampaolo Marzulli and associate Mariana Iecker, from the tax team, and partner Aline Fidelis and associate Thiago Garcia, from the labor team. With regard to specific matters of American legislation, they were supported by partner Phyllis Korff and associates Andrew J. Noreuil and Natalia Minotto, all from Mayer Brown USA (New York office) (all partners related are pictured on top from left to right).
Lefosse relied on partners Rodrigo Cunha (pictured center), Luiz Octavio Lopes, Ricardo Bolan, associates Luana Torres, Lucas Queiroz, Raquel Dotta, Vinicius Salvino, Guilherme Almeida, Betina Alcantara, and foreign associate Gloria Zubizaretta.
Souto Correa relied on partner João Gustavo Santiago (pictured right) and associates Amanda Baldacone and Mariana Hingel Machado.
