The Back Bay Restaurant Group, Inc. (Black Bay) has sold five restaurant concepts to Tavistock Restaurants, LLC., a division of the Orlando-based investment firm Tavistock Group, for an undisclosed consideration.
The restaurants sold are Abe & Louie’s, Atlantic Fish, Charley’s, Coach Grill and Joe’s American Bar & Grill. Back Bay has retained the Papa Razzi restaurant concept, a leading northern Italian trattoria with ten restaurants located in Massachusetts, Rhode Island, New York, New Jersey and Washington DC.
Back Bay, a leading multi-concept restaurant company, develops, owns and operates full-service restaurants across several unique dining concepts in the upscale casual-dining and fine-dining segments.
One of Oaklins' teams in the USA served as the exclusive financial advisor to Back Bay Restaurant Group, Inc. and negotiated the sale of five restaurant concepts to Tavistock Restaurants, LLC.
Jerome S. Romano
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