Bloomin’ Brands, Inc. Refranchises 54 Company-Owned
Locations to Longtime Franchise Partners
Cerca Trova and Evergreen are excellent operators and have been successful
Outback franchisees for more than 20 years,” said Suk Singh, Global Chief
Development Officer & Franchising. “We’re confident that with their
expertise, knowledge of our brands, and dedication to providing an outstanding
Outback experience, this will be a seamless transition for our guests.”
Cerca Trova, formerly known as T-Bird Restaurant Group, has operated Outback restaurants in California since 1994 and is a portfolio company of H.I.G. Capital, a leading global private equity and alternative assets firm. H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach. Cerca Trova is the largest franchisee for Bloomin’ Brands.
“This partnership will provide additional energy and resources to Cerca Trova as we expand,” said Steve Weigel, President and CEO, of Cerca Trova Restaurant Concepts. “Working with the entire team at Outback is an honor and a privilege and this partnership will allow the brand to continue to prosper.”
Evergreen Restaurant Group has been a franchisee for 21 years and operates Outback, Carrabba’s and Bonefish Grill restaurants across the northwest.
“Operating three of the finest casual dining brands in the country is very rewarding,” said Jeff Jones, President and CEO of Evergreen Restaurant Group. “We are very pleased to add the additional Outback restaurants to our portfolio and commence operating Carrabba’s Italian Grill as well.”
With the two transactions, Cerca Trova now operates all Outback restaurants across five states and Evergreen, multiple restaurant brands across seven states.
Bloomin’ Brands, Inc.
Cerca Trova Restaurant Concepts, Inc.
Evergreen Restaurant Ventures, Inc.