M-III Partners

Nashville, Tenn. — CraftWorks Holdings, LLC, which operates restaurants and breweries under leading names such as Logan’s Roadhouse, Old Chicago, Rock Bottom and Gordon Biersch, has filed for Chapter 11 bankruptcy. This follows the company’s decision, in recent weeks, to close 37 underperforming locations. CraftWorks has 261 locations in 39 states and the District of Columbia; its 77 franchise locations continue to operate as usual. The company has partnered with affiliates of Fortress Credit Co LLC, senior lenders to the company, to provide at least $138 million. The transaction is …

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