BIRMINGHAM, Ala. (February 28, 2017) – Founders Investment Banking, LLC and Arlington Capital Advisors, LLC are pleased to announce that Four Foods Group (FFG) has purchased substantially all of the assets of Bravo Food Service, LLC (Bravo), a leading franchisee of Little Caesars in the Southeast. Bravo’s shareholders were advised by Founders Investment Banking (Founders) and Arlington Capital Advisors (Arlington). The transaction closed on February 27, 2017 and was led by Zane Tarence of Founders and Vann Russell of Arlington. Bravo’s legal counsel for the transaction was provided by Sirote & Permutt, PC and led by its President, Todd Carlisle.
Bravo Food Service was started in 2002 by the Arias family, and through organic growth became one of the nation’s largest Little Caesars franchisees with 48 locations across Central Alabama and Baton Rouge, Louisiana.
“The Arias family is excited for the Bravo restaurants to join up with the quickly growing Four Foods Group team. We were impressed with their commitment to continue our tradition to take excellent care of our people and provide outstanding service and value to our guests,” said Ramon Arias, Founder of Bravo Food Service. “Founders and Arlington worked hard to help us identify the right partner, negotiate terms, and get the transaction done.”
For FFG, it represents their first venture east of the Mississippi River, and will enable them to have a foothold for further expansion domestically.
“The Founders and Arlington team enjoyed working with the Arias family and their great Bravo team on this deal. We received an extremely high amount of interest in this deal, and were glad to help the Bravo team land with a partner that we believe will continue to build upon the culture and impressive employee team that the Arias family has worked over the last 15 years to build,” said Zane Tarence, Managing Director at Founders Investment Banking.
“Bravo Food Service is a leading franchisee of Little Caesars with significant growth potential,” added Vann Russell of Arlington Capital Advisors. “We are thrilled to have helped the Arias family find the right steward of the brand and are excited to watch the company grow under its new leadership.”
About Founders Investment Banking, LLC
Founders Investment Banking is a merger and acquisition advisory firm based in Birmingham, Alabama. Its team’s proven expertise and process-based solutions help companies and business owners access capital and prepare for and execute liquidity events to achieve specific financial goals. The firm focuses on technology and specialty pharmacy clients across the United States, and oil and gas, industrial, and manufacturing clients located across the Southeast. For more information, visit www.foundersib.com. In order to provide securities-related services discussed herein, certain principals of Founders are licensed with M & A Securities Group, Inc. or Founders M&A Advisory, LLC, both members of member FINRA & SIPC. M&A Securities Group and Founders are unaffiliated entities. Founders M&A Advisory is a wholly-owned subsidiary of Founders. The testimonial presented herein does not guarantee future performance or success.
About Arlington Capital Advisors, LLC
Arlington Capital Advisors, LLC is a boutique investment bank that specializes in providing middle-market businesses with advisory services. Arlington focuses on providing strategic advice to our clients, including sell-side and buy-side mergers and acquisitions, sourcing growth capital and other capital centric strategic alternatives for businesses across a wide array of industries including a specific focus and expertise in consumer businesses. Securities offered through M&A Securities Group, Inc. M&A Securities Group, Inc. and Arlington Capital Advisors are not affiliated companies. For more information on Arlington Capital Advisors, please visit www.arlingtoncapitaladvisors.com
About Bravo Food Service, LLC
Bravo Food Service is headquartered in Birmingham, Alabama and has been a leading franchisee of Little Caesars in Alabama and Louisiana since 2002. Growing the company from an original base of 8 locations up to 48, the company is led by members of the Arias family.
About Four Foods Group
Four Foods Group (FFG) is a restaurant development, investment, and management company with now 97 restaurant locations and additional sites in development or under construction. FFG has ranked among Inc. Magazine’s 500/5000 Fastest Growing Companies in America for five consecutive years, a MWCN 100 recipient four years, and as a UV50 company for six years running. The company currently employs more than 2,800 employees in seven states, with more than 110 at their corporate offices in American Fork, Utah. Their restaurants rank among the Technomic Top 150 Fast Casual Restaurants.