KarpReilly invests in restaurant chain Eureka!

KarpReilly has made an undisclosed investment in California-based restaurant chain Eureka! Restaurant Group LLC. ROTH Capital Partners provided financial advice to Eureka! on the transaction.

PRESS RELEASE

May 11, 2015 – Eureka! Restaurant Group, LLC (“Eureka!”), a leading California-based family of restaurants serving authentic, locally sourced food complemented with a curated selection of 100% American craft beer, whiskey and spirits, has received an investment from KarpReilly, LLC, a consumer-focused private equity firm based in Greenwich, CT.

Terms of the transaction were not disclosed.

ROTH Capital Partners served as exclusive financial advisor to Eureka!.

About Eureka!
The Eureka! concept was created in 2009, introducing a unique approach to dining by creating the ultimate “EATERTAINMENT” experience. Eureka! delivers an all-American cuisine that offers guests a unique selection of signature menu items and includes a wide selection of creative all natural burger combinations such as the famous “Fig Marmalade” burger. Additionally, Eureka! adds signature hand-cut fries, delectable salads, and a distinctive assortment of regional craft beer and whiskeys to the menu, all served in a warm atmosphere, with live music entertainment and TVs tastefully appointed throughout the restaurant for one’s sports enjoyment. Eureka! has 14 locations with 12 in California; Redlands, Fresno, Claremont, San Luis Obispo, Bakersfield, Santa Barbara, San Diego, Irvine, Berkeley, Huntington Beach, Indian Wells and Hawthorne, as well as 1 location in Seattle, WA and 1 location in Dallas, TX. Eureka! plans to open additional locations in Woodland Hills, Cupertino, Mountain View and Austin, Texas later this year. Eureka! will continue to be managed by the Co-Founders and Co-CEO’s Justin Nedelman and Paul Frederick out of the “Corporate Mothership” as they call it, in Hawthorne, CA. For more information, please visit www.eurekarestaurantgroup.com. (Source: Company management, 5/11/2015)

About KarpReilly
KarpReilly, LLC is a private investment firm, founded by Allan Karp and Chris Reilly, whose primary mission is to partner with premier small to mid-size growth companies and help them achieve their long-term vision. KarpReilly currently manages funds and affiliates with capital commitments in excess of $500 million. Over the past 15 years, the principals of KarpReilly have invested in, sat on the boards of and nurtured over 25 growth companies. For more information, please visit www.karpreilly.com. (Source: KarpReilly website, 5/11/2015)

About ROTH Capital Partners
ROTH Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and their investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading, market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately-held and employee owned, and maintains offices throughout the U.S. and Hong Kong. For more information on ROTH, please visit www.roth.com.