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Hooters of America Acquired by Nord Bay Capital and TriArtisan Capital Advisors
Hooters of America, LLC (“HOA”, “Hooters” or the “Company”) announced today that Nord Bay Capital (“Nord Bay”) and its advisor TriArtisan Capital Advisors LLC (“TriArtisan”) have closed on a transaction to acquire HOA from H.I.G. Capital (“H.I.G.”), Chanticleer Holdings (NASDAQ: BURG) and other investors. Financial terms of the deal were not disclosed. As part of the transaction, the selling entities will each retain a stake in the Company.
Terry Marks, Chief Executive Officer, HOA commented: “The partnership with Nord Bay and TriArtisan comes at an ideal time for the company, bringing fresh partners with complementary skills and experience to support our next phase of growth to the benefit of...
Paulson & Co. Inc. and TriArtisan Capital Advisors LLC Acquire P.F. Chang's China Bistro
Paulson & Co. Inc. ("Paulson"), TriArtisan Capital Advisors LLC ("TriArtisan") and Centerbridge Partners, L.P. ("Centerbridge") today announced that they have closed a transaction in which Paulson and TriArtisan acquired P.F. Chang's China Bistro, Inc. ("P.F. Chang's" or the "Company") from Centerbridge.
Jim Bell, CEO of P.F. Chang's, said, "We want to thank Centerbridge Partners for their strong support of P.F. Chang's. We are fortunate to have a partnership with Paulson and TriArtisan which will allow us to implement a collaborative growth strategy. Paulson and TriArtisan bring financial strength and ...
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