A Minneapolis private equity firm is buying Parasole Restaurant Holdings, the 42-year-old restaurant group behind Manny's Steakhouse and Chino Latino. FS Funds, a private equity partnership, has a signed purchase agreement for the company, whose 14 full-service restaurants also include Salut Bar Americain, Pittsburgh Blue Steakhouse, The Good Earth, Burger Jones and Field Day. Kip Clayton, vice president of marketing for the Edina-headquartered restaurant group, said the privately held company...
