The firm draws on its global relationships, operational experience and rigorous diligence process to source, underwrite and manage investments. Garnett Station partners with experienced and entrepreneurial management teams and strategic investors to build value for its portfolio of growth platforms. Garnett Station Partners is a principal investment firm founded in 2013 by Matt Perelman and Alex Sloane that manages ~$2 billion of assets. NorthPoint Advisors served as financial advisor to Firebirds. Kirkland & Ellis LLP served as legal advisor to Garnett Station Partners. TD Cowen and Netrex Capital Markets, LLC served as financial advisors to Garnett Station Partners. We are confident that Firebirds will continue its impressive trajectory of growth while delivering the best possible dining experience for our guests.” “Through our bold menu offerings and customer-oriented approach, Firebirds has become a neighborhood staple in each of the local communities we operate in. “We are incredibly proud of the brand that Firebirds is today and are thrilled to work in partnership with Garnett Station as we enter this next chapter,” said Steve Kislow, Chief Executive Officer of Firebirds. “We look forward to working closely with Steve and the entire management team to support and accelerate the brand’s long-term growth.” "Firebirds has found tremendous success over the past 20 years through the power of its concept, the passion of its team and the loyalty of its guests, contributing to its consistent industry outperformance from both an average unit volume and same store traffic perspective,” said Matt Perelman, Co-Founder and Managing Partner at Garnett Station. Supported by Garnett Station’s strategic capital, Firebirds will continue to accelerate growth and development. Firebirds has a long history of outperformance with both industry leading same store sales and average unit volumes. Financial terms were not disclosed.įounded in 2000 in Charlotte, North Carolina, Firebirds has grown to 56 locations across 20 states, offering guests a unique dining experience and bold menu offerings featuring its signature wood-burning grill and award-winning FIREBAR ®. NEW YORK-( BUSINESS WIRE)-Garnett Station Partners, LLC (“Garnett Station”), a New York-based principal investment firm that manages ~$2 billion of assets, today announced that it has acquired and recapitalized Firebirds Wood Fired Grill (“Firebirds” or the “Company”), a leading polished-casual dining chain.
0 kommentar(er)
