Redrock Partners LLC is buying struggling Romano's Macaroni Grill from Ignite Restaurant Group Inc. (Nasdaq: IRG) for $8 million in cash.

Romano's is a fast-casual Italian restaurant chain that was founded in 1988 and is headquartered in Houston.  The chain currently operates 146 locations in 33 states, and franchises 25 locations in the U.S. and in eight other countries. The deal is expected to close within the next 30 days.

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