Garnett Station builds regional restaurant brand platform; LPs push back on NAV loan distributions

Authentic Restaurant Brands, in October, added-on Fiesta Restaurant Group for $225 million.

Today we have news that Garnett Station Partners added-on Fiesta Restaurant Group to its Authentic Restaurant Brands.

We also discuss the growing awareness and, in some cases, concern among LPs about use of fund financing strategies as a way to deliver distributions.

Fortress foods

As we here in the US get ready to feast on turkey, stuffing and other starch-heavy dishes, we’ll leave you with some food-laden M&A.

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