News

18 November 2025

PAGBAM advised Lucens Capital on the acquisition of the operations of Chili’s Grill & Bar and P.F. Chang’s restaurants in Chile

PAGBAM Schwencke Chile, in conjunction with Pérez Alati, Grondona, Benites & Arntsen, advised Lucens Capital on the acquisition from Alsea of the franchise operations of Chili’s Grill & Bar and P.F. Chang’s in Chile.

Lucens Capital is a regional private investment firm founded to capitalize on value and growth opportunities in the small and medium-market space in Latin America.

With this transaction, Lucens Capital incorporates two iconic brands with a solid track record in the food segment into its portfolio, widely recognized for their quality and service excellence, thus reinforcing its presence in the region's gastronomic sector.

Counsels to Lucens Capital:

PAGBAM SCHWENCKE Chile

Partners: Francisco Prado Collao, Bárbara Neyra Avilés,

Counselor: Maximiliano Concha Rodriguez, Gonzalo Darraidou Besa

Associates: Gonzalo Zañartu Philippi.

Pérez Alati, Grondona, Benites & Arntsen (PAGBAM)

Partner: Santiago Daireaux

Counselor: F. Nicanor Berola

Associate: Abril Torres.

Counsels to Alsea:

Alsea was advised by its in-house counsel Fernando Macedo Delgado and Carlos Frías Mendoza.

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