Logan’s Roadhouse, Inc. (Logan’s) announced that it has reached a definitive agreement to be acquired by an affiliate of Kelso & Company (Kelso). Logan’s is owned by affiliates of Bruckmann, Rosser, Sherrill & Co. Inc. (BRS), a New York-based private equity firm, Black Canyon Capital (Black Canyon), a Los Angeles-based private capital firm, Canyon Capital Advisors LLC (Canyon Capital), a Los Angeles-based alternative investment manager and members of Logan’s management. The terms of the transaction were not disclosed.

Tom Vogel, Chief Executive Officer of Logan’s Roadhouse, said, “We are pleased to announce this transaction with Kelso. Kelso is committed to supporting Logan’s as we enter our next growth phase and we look forward to working closely with them as our future financial sponsor. BRS & Black Canyon have served as valuable partners to Logan’s, providing strong support for our continued growth as we’ve successfully navigated a very challenging economic environment.”

Completion of the transaction is subject to regulatory approvals and customary closing conditions.

Credit Suisse and North Point Advisors acted as financial advisors to Logan’s in connection with the transaction.

Kirkland & Ellis LLP acted as legal advisor to Logan’s Roadhouse and Debevoise & Plimpton LLP acted as legal advisor to Kelso & Company.

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