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Sun Capital Buying Boston Market

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Sun Capital, which recently closed on its previously announced acquisition of Limited isn't taking any breaks. News just broke that the firm has agreed to acquire Boston Market from McDonald's Corp.

McDonald's Corp., the world's largest restaurant company, will sell its Boston Market chain to buyout firm Sun Capital Partners Inc. to focus on hamburgers.

The transaction will be completed in the third quarter, McDonald's said today in a U.S. regulatory filing. McDonald's spokesman Walt Riker declined to give terms of the sale.

The company said it is selling Boston Market, a chain of 630 restaurants serving roast chicken and meat loaf, to focus on expanding McDonald's sales globally. Oak Brook, Illinois-based McDonald's last year spun off Chipotle Mexican Grill Inc.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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