Claim Jumper Sold

This brutal economic depression has hit everyone hard, the restaurant business is no exception. Irvine-based Claim Jumper is the latest restaurant company forced to file for bankruptcy protection due to their less then impressive numbers for their casual dining sector. Claim Jumper, which operates in 45 restaurants in eight states filed for Chapter 11 protection this Friday, and will be sold to Los Angeles-based private equity firm Private Capital Partners. Company officials did not disclose the sale price and did not say any restaurants were closing. Private Captial Partners’s Tom Barber was quoted saying “We believe the business will rebound strongly as the economy rebounds.” We hope so Tom, we all hope so! (Thx FFM)