Restaurants & Fast Food

Bloomin' Brands (Outback Steakhouse)

Bain Capital, Catterton Partners, and Chris Sullivan took OSI Restaurant Partners (Outback Steakhouse, Carrabba's, Bonefish Grill, Fleming's) private for $3.2B in 2007. Loaded with debt through the financial crisis. IPO'd as Bloomin' Brands in 2012.

FOUNDED
1988
ACQUIRED
Bain Capital, 2007, $3.2B

Editorial Record

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Timeline

1988

Bloomin' Brands (Outback Steakhouse) founded

2007

Acquired by Bain Capital for $3.2B

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