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July 2006

BRS and Castle Harlan Complete Purchase of Upscale Casual Italian Restaurants

NEW YORK, July 5, 2006 – Two New York-based private equity investment firms, Bruckmann, Rosser, Sherrill & Co. (BRS) and Castle Harlan, Inc., announced today that their joint acquisition of Bravo Development Inc., operator of 50 upscale casual Italian restaurants, has been completed. Terms of the transaction were not announced. Bravo, based in Columbus, Ohio, operates 19 Brio Tuscan Grilles and 31 Bravo! Cucina Italiana restaurants. They are located in 19 states, primarily in the Midwest...