Blue Sage Capital Buys Mr. Gatti's Pizza Chain
(Monday, November 05, 2007) -
Blue Sage Capital has purchased the 150-unit Mr. Gatti's Inc. from longtime owner L.D. Brinkman
According to a news release, Mr. Gatti's owns, operates and franchises approximately 150 pizza and entertainment restaurants in nine states, and serves a variety of pizzas and Italian-style foods served in a family-centered atmosphere. Several stores incorporate a fun center featuring private party rooms, video games, carousels and other amusements.
The sale price of the deal, which was completed in November, was not disclosed.
According to Blue Sage's Jim McBride, Mr. Gatti's annual sales are $150 million.
Brinkman, who led Mr. Gatti's for the last 26 years, said, "I cherish my association with the employees, franchisees and customers who have supported us in the past and helped make Mr. Gatti's what it is today."
McBride called "Mr. Gatti's is a very good fit with Blue Sage's investment strategy. We are excited to work alongside management to continue growing the business based on a proven, profitable, differentiated formula."
Blue Sage is an Austin, Texas-based private equity firm founded that specializes in growth, recapitalization and buyout financings of middle market companies based in Texas and the Southwest. Most of Blue Sage's investments are in established, profitable companies with $5 million to $100 million in revenue.
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5912 Balcones Drive
Suite 200
Austin,
TX
Phone: (512) 744-4982
Toll Free: (800) 635-8308
Fax: (512 ) 380-9594
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