Atlanta private equity firm buying Frisch's Restaurants for $175M

Frisch's Restaurants Inc., a Cincinnati, Ohio,-based restaurant chain, said May 22 it's being bought by Atlanta-based NRD Capital for $175 million. Frisch's (NYSE: FRS) operates 95 company owned and 26 franchised "Frisch's Big Boy" restaurants in Ohio, Kentucky and Indiana. Its signature item is the original “Big Boy” double-deck hamburger. The company generated sales of $209 million in its 2014 fiscal year. It's also profitable, earning $9.4 million last year. “Frisch’s restaurants are…