TM Capital has developed extensive retailing expertise by completing the many transactions listed below for major retailers across a range of retail categories.
Smith & Wollensky Completes Sale TM Capital advised the Special Committee of the Board of Smith & Wollensky (NASDAQ) on the Company’s $98 million sale to a consortium led by Bunker Hill Capital, L.P.
Oceanaire Completes Equity Financing TM Capital advised the Special Committee of the Board of Directors of The Oceanaire, Inc. on the Company’s private placement to existing investors led by Clarion Capital Partners
Lee's Completes Debt Financing TM Capital assisted Lee's Famous Recipes, Inc. in arranging a debt financing consisting of a senior term loan and revolving credit facility provided by Cratos Capital Partners
Benihana Declares Stock Dividend TM Capital advised the Board of Directors of Benihana Inc. (NASDAQ) on the Company’s three-for-two stock split in the form of a Common stock dividend paid to both Common and Class A stockholders
Mrs. Winner's Acquired by Lee's TM Capital completed the sale of Winners International, Inc., an operator and franchisor of quick-service restaurants, to Lee's Famous Recipe, Inc.
National Vision Acquired by Berkshire TM Capital advised National Vision, Inc. (AMEX) in its sale to Berkshire Partners and its simultaneous acquisition of Consolidated Vision Group in transactions with an aggregate enterprise value of $190 million
RTM Acquired by Triarc Companies TM Capital advised RTM Restaurant Group, the largest Arby's® restaurant franchisee, in its sale to Triarc Companies (NYSE) for an enterprise value of approximately $725 million
Electronics Boutique Divests BC Sports TM Capital assisted Electronics Boutique (NASDAQ) in completing the sale of its BC Sports Collectibles division to Sports Collectibles Acquisition Corp.
McCurdy's Stores Acquired by May TM Capital completed the $50 million sale of the McCurdy's department store chain to The May Department Stores Company (NYSE)
Foodarama Stores Sold to Grand Union TM Capital completed the $20 million sale of the NY division of Foodarama Supermarkets, Inc. (AMEX) to Grand Union Co.
Riverside Completes Debt-Equity Exchange TM Capital advised the Riverside Group, Inc. (OTC) regarding an exchange of $13.9 million of indebtedness for an equity interest in Wickes Inc.
Mayor's Board of Directors Re-Elected TM Capital advised the Board of Directors of Mayor's Jewelers, Inc. (AMEX) in resolving a proxy contest which resulted in the re-election of all of the company's directors
Jan Bell Completes Public Offering TM Capital assisted Jan Bell Marketing Inc. (NASDAQ) in completing a $98 million follow-on public offering of its common stock
Chappell's Acquired by Bon-Ton Stores TM Capital completed the bankruptcy sale of certain assets of C.E. Chappell & Sons, Inc. to The Bon-Ton Stores, Inc. (NASDAQ)
Benihana Inc. Capitalization Study TM Capital provided the board of directors of Benihana Inc. with a study of its capitalization and recapitalization alternatives