Friday, July 22, 2011

Bugaboo Creek Sold; Locations in Braintree, Methuen and Milford to Remain Open

A chain of steakhouses that filed for Chapter 11 bankruptcy last fall has been sold, and its remaining Eastern Massachusetts locations will continue to stay open.

An email from Berkman PR indicates that Bugaboo Creek is under new ownership by Capitol BC Restaurants LLC, with 12 locations of the restaurants remaining open along the Eastern Corridor. Among the restaurants staying in operation are outlets in Braintree, Methuen, and Milford, as well as a handful of locations in Delaware, Maine, Maryland, New Hampshire, and New York.

Bugaboo Creek filed for bankruptcy in November of 2010, shortly after closing a number of Boston-area locations, including outlets in Brockton, Burlington, Dedham, Framingham, Peabody, and Watertown. (Locations in Plymouth, Shrewsbury, and Seekonk were also shuttered.)

The website for Bugaboo Creek can be found at http://www.bugaboocreek.com/