Del Frisco's Restaurant Group, Inc. (NasdaqGS:DFRG) entered into a definitive agreement to acquire Barteca Restaurant Group, LLC from Rosser Capital Partners, General Atlantic LLC and others for approximately $330 million on May 6, 2018. The consideration will paid in cash. JPMorgan Chase and Citizens Financial Group are providing committed financing for the transaction. Barteca reported total revenue of $127.9 million, net income of $7 million and EBITDA of $31.7 million for the period ended on December 31, 2017. Post-acquisition, Barteca will continue to be led by Jeff Carcara, its current Chief Executive Officer, who will now report up to Norman Abdallah, Chief Executive Officer of Del Frisco’s. The transaction is subject to receipt of U.S. antitrust clearance and other customary closing conditions. Del Frisco’s Board of Directors has unanimously approved the transaction. As of May 21, 2018, the transaction was granted early termination notice by FTC. The transaction is expected to be completed by the end of second quarter of 2018. As on June 22, 2018, the transaction is expected to close on or about June 27, 2018. Piper Jaffray Companies (NYSE:PJC) acted as financial advisor to Del Frisco’s and its Board of Directors. Jeremy London of Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor to Del Frisco’s. Joshua Kogan, Laura Umbrecht, Jonathan Khoury and Jimin He of Kirkland & Ellis LLP acted as legal advisor to Barteca. Joshua Kogan of Kirkland & Ellis LLP acted as legal advisor to Rosser Capital Partners. Matthew Abbott, Neil Goldman, Tracey Zaccone and Lindsay Parks of Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor to General Atlantic LLC. Simpson Thacker & Bartlett LLP. JP Morgan acted as financial advisor to Del Frisco. Justin Lungstrum, Sam Egendorf, Kal Venkatraj, Larry Moss, Robert Holo, Sarah Julian Duffy, Melanie Jolson, Frances Fuqua of Simpson Thacher acted as legal advisor to JP Morgan, financial advisor to Del Frisco's Restaurant Group, Inc. Del Frisco's Restaurant Group, Inc. (NasdaqGS:DFRG) completed the acquisition of Barteca Restaurant Group, LLC from Rosser Capital Partners, General Atlantic LLC and others on June 27, 2018. The transaction was funded with the proceeds from new senior secured credit facilities, which consist of a new $390 million senior secured term loan and a $50 million revolver.