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Darden makes $585 million deal for Yard House

July 13, 2012 03:45PM

Yard House

The nation’s largest full-service restaurant company, Darden Restaurants, parent company of chains such as Red Lobster and Olive Garden, is acquiring the Yard House restaurant brand for $585 million, the Palm Beach Post reported.  There are four Yard House restaurants across South Florida, with locations in Palm Beach Gardens, Boca Raton, Hallandale Beach and Coral Gables. The Irvine, Calif.-based restaurant will join Darden’s Specialty Restaurant Group, which includes The Capital Grille, Bahama Breeze, Seasons 52 and Eddie V’s. Darden announced that it intended to expand the restaurant from its current pool of 39 locations to 200 restaurants nationwide. [Palm Beach Post]