Bain Capital Said to Buy Sizzling Platter for Over $1 Billion

Bain Capital has agreed to buy restaurant-chain operator Sizzling Platter from CapitalSpring for more than $1 billion including debt, according to people with knowledge of the matter.

Sizzling Platter notified its bondholders on Wednesday, said the people, who asked not to be identified discussing private information. Jefferies Group Inc. and UBS Group AG are providing financing for the transaction, the people said.

Representatives for UBS and Jefferies declined to comment. Representatives for Bain and CapitalSpring didn’t immediately respond to requests for comment.

Salt Lake City-based Sizzling Platter operates restaurant franchises including Dunkin’, Jersey Mike’s, Little Caesars, Cinnabon, Jamba, Sizzler, ...