Granite City Food Buys 5 Cadillac Ranch All American Bar Restaurants

Granite City Food & Brewery, which is backed by CIC Partners, has acquired the assets of five Cadillac Ranch All American Bar & Grill restaurants for an aggregate purchase price of about $6.2 million. The restaurants are located in Minnesota, Miami, Maryland and Indianapolis. Granite City also bought certain Cadillac Ranch intellectual property, including trademarks, for about $1.5