Deals

Bob Evans Restaurants Is Exploring a $600 Million Sale

  • Restaurant chain was acquired by Golden Gate Capital in 2017
  • Bob Evans has close to 500 restaurants throughout U.S.

A Bob Evans Restaurant in Springfield, Virginia. 

Photographer: Haraz N. Ghanbari/AP Photo
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Bob Evans Restaurants is exploring a sale that could value the fast-casual dining chain at up to $600 million, according to people with knowledge of the matter.

The company and its owner, private equity firm Golden Gate Capital, are working with financial advisers, the people said, asking not to be identified discussing private information.