Davis Polk is advising GP Investments, Ltd. in connection with its acquisition of an additional 65% stake in the leading Brazilian steakhouse group Fogo de Chão Churrascaria, LLC. Following the acquisition, GP Investments will hold a 100% ownership in the company.

Based in São Paulo, Brazil, GP Investments is a leading private equity firm in Latin America. Fogo de Chão is a premier churrascaria (Brazilian steakhouse) in the United States and Brazil.

The Davis Polk corporate team includes partners Peter R. Douglas, Joseph A. Hall and John D. Amorosi and foreign temporary associate Daniel Brass (admitted only in England and Wales). The credit team includes partner Juliet Cain and associates Michael J. S. Moran, Cristina del Rivero (not yet admitted) and Lauren N. Gillespie. Partner Jean M. McLoughlin and associate Jessica Lutrin are providing benefits advice. Partner Mario J. Verdolini and associate Michael Bretholz are providing tax advice. Partner Charles S. Duggan is providing litigation advice. Counsel Stephen M. Pepper is providing antitrust advice. All members of the Davis Polk team are based in the New York office.