Parasole, Owner Of Manny’s Steakhouse, To Be Purchased By Minnesota P.E. Firm

Parasole Restaurant Holdings, the 42-year-old Edina, Minn. multi-concept operator that owns Minneapolis’s iconic Manny’s Steakhouse, Burger Jones, Salut Bar Americain, Chino Latino, and other brands throughout the Twin Cities and Rochester, Minn., has agreed to be purchased by FS Funds, a private equity company also based in Minneapolis. The entire senior management team will stay…