Los Angeles-based Levine Leichtman manages about $1.1 billion of institutional investments through private equity partnerships. Other chains in which the firm has invested include CiCi's Pizza and Quizno's Subs.

Fox & Hound ended its Q3 on Sept. 7 and posted a 0.5% year-over-year same-store sales gain. Total revenues jumped 16.8%, to $36. 7 million, while the company earned $156,000 during the quarter.

Fox & Hound, which operates restaurants under the Fox and Hound English Pub and Bailey's Sports Grille names, opened two new units in its Q2. For the rest of the fiscal year, executives are planning two to three new restaurants and an additional 10 to 11 in its next fiscal year.

The average Fox and Hound or Bailey's unit is 9,600 sf. A majority of the company's restaurants are in the Midwest and Southeast.

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