Tony Roma’s has a new Owner

 

Ribs chain Tony Roma’s has new owner with plans for growth

Parent Romacorp Inc. was acquired by Equity Investors of New England; Ramon Bourgeois named COO and acting CEO

Lisa Jennings | Jul 13, 2021

In addition, the Orlando, Fla.-based Romacorp Inc. named Ramon Bourgeois to the role of chief operating officer and acting CEO. Bourgeois is an industry veteran who previously held executive positions at Areas USA Inc., The Cheesecake Factory, The Palm Restaurant Group and Legal Seafoods.

“Having worked with Romacorp for the past seven  years, I have a thorough understanding of our opportunities and strengths around the world. I am dedicated to the growth and success of our brand, our team, franchisees and worldwide customers and I look forward to taking on this new leadership role,” Bourgeois said in a statement.

The nearly 50-year-old casual-dining franchise chain has long been known for its international presence. Tony Roma’s includes more than 100 restaurants in 22 countries.

With the deal, the company is planning to grow. Equity Investors of New England is described in press materials as “a well-capitalized investment company,” which is “committed to making Tony Roma’s the number one American rib concept brand around the world.”