Fogo de Chão () is a Brazilian all-you-can-eat steakhouse (''
churrascaria)'' with locations throughout the world. The restaurant specializes in barbecued meats and sides.
The restaurant was founded by two brothers, Arri and Jair Coser, with the first location in the Brazilian city,
Porto Alegre
Porto Alegre (, , Brazilian ; ) is the capital and largest city of the Brazilian state of Rio Grande do Sul. Its population of 1,488,252 inhabitants (2020) makes it the List of largest cities in Brazil, twelfth most populous city in the country ...
, thereafter expanding globally. The chain has restaurants in the US, Saudi Arabia, the UAE, Puerto Rico and Mexico, with the intention of expanding into the Asian market.
Description
The name Fogo de Chão means "ground fire", and refers to the traditional
gaúcho
A gaucho () or gaúcho () is a skilled horseman, reputed to be brave and unruly. The figure of the gaucho is a folk symbol of Argentina, Uruguay, Rio Grande do Sul in Brazil, and the south of Chilean Patagonia. Gauchos became greatly admired and ...
method of roasting meats over an open fire. They offer either a "full ''churrasco'' experience", which includes continuous servings of fire-roasted beef, lamb, pork, chicken, and other meats, as well as a
buffet
A buffet can be either a sideboard (a flat-topped piece of furniture with cupboards and drawers, used for storing crockery, glasses, and table linen) or a system of serving meals in which food is placed in a public area where the diners serve ...
or
à la carte
In restaurants, ''à la carte'' (; )) is the practice of ordering individual dishes from a menu in a restaurant, as opposed to ''table d'hôte'', where a set menu is offered. It is an early 19th century loan from French meaning "according t ...
service.
The restaurants are typically located in busy metropolitan areas throughout the US. Restaurants measure on average , and typically consist of restaurant seating, a buffet-style salad bar (the "Market Table"), and a bar (referred to as "Bar Fogo").
The midtown
Manhattan
Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five boroughs of New York City. The borough is also coextensive with New York County, one of the original counties of the U.S. state ...
location is a flagship restaurant with three levels measuring with private and semi-private dining areas for special events.
The design of the locations is considered "warm and contemporary yet timeless - meant to really enhance the guests' experience". The restaurant has been renovating older restaurants to match the new design aesthetic throughout the chain.
History
The founders of Fogo de Chão, Arri and Jair Coser, grew up on a traditional Southern Brazilian farm in the
Serra Gaúcha
The Serra Gaúcha (''Gaucho Highlands'') is a cultural region comprising the mountainous areas in the northeastern portion of Rio Grande do Sul state in southern Brazil. Most of its inhabitants are of German and Italian ancestry. Consequently, th ...
. It is here that they learned to cook in the ''churrasco'' grilling tradition. The founding brothers left the countryside of Rio Grande do Sul and traveled to Rio de Janeiro and São Paulo for formal training, while developing the Fogo concept. Their first restaurant, a wood structure in the countryside of Porto Alegre, was followed by a second restaurant in São Paulo. As Arri Coser told São Paulo-based writer Rafael Tonon, tourists who came to the São Paulo restaurant encouraged him to open a ''churrascaria'' style restaurant abroad.
In 1997, the Cosers opened their first US branch in
Addison, Texas
Addison is an incorporated town in Dallas County, Texas, in the United States. Addison is situated to the immediate north of the city of Dallas, with a 2020 census population of 16,661. Addison and Flower Mound were the only two Texas municipaliti ...
.
Between 1997 and 2020, the restaurant continued its expansion globally, with 57 restaurants across the US, Brazil, Mexico, and the Middle East. The company announced plans for further growth around the world.
Ownership
The Brazilian private equity firm,
GP Investments
GP Investments (also GP Investimentos), is a leading alternative investment firm in Latin America with a strong presence in asset management, principally private equity funds. The firm's shares are listed on the Luxembourg Stock Exchange and trad ...
, made their initial investment in Fogo de Chão in 2006 and sold its shares to American private equity firm
Thomas H. Lee Partners
Thomas H. Lee Partners, L.P. is an American private equity firm based in Boston investing in middle market growth companies across financial technology and services, healthcare and technology & business solutions.
History
Founded in 1974 by ...
in 2012. On April 20, 2015, the company filed for an initial public offering on the NASDAQ. It traded there under the symbol FOGO until April 5, 2018, when it was acquired by
Rhône Capital.
Other activities
In April 2019 the Boerne, Texas-based agri-tech company, HerdX announced that it would be partnering with Fogo de Chão to use
blockchain
A blockchain is a type of distributed ledger technology (DLT) that consists of growing lists of records, called ''blocks'', that are securely linked together using cryptography. Each block contains a cryptographic hash of the previous block, a ...
technology and digital tagging to trace the provenance of the beef Fogo de Chão serves in its restaurants—ultimately allowing diners, who can scan in a HerdX-generated
QR code
A QR code (an initialism for quick response code) is a type of matrix barcode (or two-dimensional barcode) invented in 1994 by the Japanese company Denso Wave. A barcode is a machine-readable optical label that can contain information about th ...
, to know the name and location of the ranch that raised the cattle.
HerdX recently completed a similar project with
United Parcel Service
United Parcel Service (UPS, stylized as ups) is an American multinational corporation, multinational package delivery, shipping & receiving and supply chain management company founded in 1907. Originally known as the American Messenger Company ...
shipments of Texas ranch-raised beef to Japan.
During the
COVID-19 pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif ...
, Fogo de Chão restaurants in
Troy, Michigan
Troy is a city in Oakland County, Michigan, United States. Its population was 87,294 at the 2020 U.S. census, making Troy the most populous city in the county and the 13th most-populous municipality in the state. Troy is a northern suburb of Me ...
, San Francisco,
and in other cities, have worked with the non-profit,
No Kid Hungry
Share Our Strength is a national organization working to end childhood hunger and poverty in the United States. Share Our Strength holds culinary events, solicits individual donations, and uses social media to raise funds, which are then used to ...
to donate meals to needy families, hospitals, and other institutions.
In popular media
Fogo de Chão was mentioned on Amazon’s original series ''
The Boys
Boys are young male humans.
Boys or The Boys may also refer to:
Film and television Films
* ''The Boys'' (1962 British film), a courtroom drama by Sidney J. Furie
* ''The Boys'' (1962 Finnish film), a war drama by Mikko Niskanen
* ''Boys'' ( ...
,'' season 1, episode 2.
See also
*
List of steakhouses
The following are lists of notable steakhouses.
Chain restaurant steakhouses
North America
* Black Angus
* Bonanza Steakhouse
* The Capital Grille
* Charlie Brown's Steakhouse
* Claim Jumper
* Clyde's Prime Rib, Portland, Oregon
* Del F ...
References
External links
Official website
{{DEFAULTSORT:Fogo de Chao
Theme restaurants
Steakhouses
Steakhouses in the United States
Barbecue restaurants
Brazilian restaurants
Companies formerly listed on the Nasdaq
2015 initial public offerings
Companies based in Dallas
Fine dining
American companies established in 1979
1979 establishments in Texas
Restaurants established in 1979
Multinational restaurant chains