2013-04 Greenhall Capital Partners, LP partners with Cham Restaurant Group for $4.2M acquisition
Washington, DC – Growth capital firm Greenhall Capital Partners, LP today announced its credit investment with the Cham Restaurant Group in its combined $4.2 million acquisition of 1336 U St. NW and restaurant. The Cham Restaurant Group, led by founder Hoowson Cham, is a collection of restaurants located throughout the Washington, D.C. metropolitan area. The acquisition of 1336 U St. NW and accompanying restaurant in the vibrant U St. corridor will further expand the growing Cham Restaurant Group Empire. Financial terms were not disclosed.
Greenhall Capital Principal Otis Ofori said, “The Cham Restaurant Group is a well-managed company that has unlimited potential. We look forward to working with Mr. Cham and his seasoned team in the coming years to further release the Cham Restaurant Group’s unrivaled growth prospects. This transaction complements Greenhall's focus on Valued Management for the Future.”
* * * * * About Greenhall Capital Partners, LP Greenhall Capital Partners is a private investment fund focused on special situation credit investing and taking equity positions through managed buyouts, growth capital investments and leveraged recapitalizations in lower middle market companies. We invest in opportunities and companies for sale with revenues from $1 million to $15 million, EBITDA from $1 million to $5 million and operating margins in excess of 15%. Greenhall specifically targets companies in Professional Services, Consumer, Industrial, Education, Healthcare and Information Technology. The firm is headquartered in Washington, DC and maintains an office in New York.
