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Private-equity firm Centerbridge Capital Partners LP has purchased Rock Bottom Restaurants Inc., the owner of Old Chicago and Rock Bottom, as well as Gordon Biersch Brewery Restaurant Group Inc., the owner of the Gordon Biersch chain.
After funding issues due to the Gillett family's financial woes, in November 2010, an investment group including Andrew M. Murstein and his Medallion Financial Corporation, Douglas G. Bergeron, and Richard Petty himself, signed and closed sale on racing assets of Richard Petty Motorsports. Richard Petty Motorsports (RPM) is an American professional stock car racing team that currently competes in the Monster Energy NASCAR Cup Series. The team is owned by seven-time NASCAR champion Richard Petty and New York businessman Andrew M. Murstein.