Hispania Capital Partners Completes Investment in Master Restaurant Developers
16 Marzo 2006 - 10:58PM
PR Newswire (US)
CHICAGO, March 16 /PRNewswire/ -- Hispania Capital Partners, a
private equity firm based in Chicago, has acquired a substantial
interest in Miami- based Master Restaurant Developers ("MRD") and
committed additional capital to pursue an aggressive restaurant
expansion plan. (Logo:
http://www.newscom.com/cgi-bin/prnh/20051019/CGW022LOGO ) With
approximately $25 million in revenues, MRD is a leading restaurant
operator in South Florida. MRD and its affiliate own and operate 13
franchised fast food and casual dining restaurants at Miami's
International Airport. These restaurants include Chili's Grill
& Bar, Pizza Hut, Burger King, Worldwide Cafe and Samuel Adams
Pubs. In addition, MRD owns and operates three restaurants under
the Chili's Grill & Bar and On The Border Mexican Grill &
Cantina names in the Miami metropolitan area. Hispania's initial
investment acquired the interest of all non-management
shareholders, two On The Border restaurants from Brinker
International, and an exclusive territorial development agreement
in South Florida. Carlos Signoret, a partner at Hispania Capital
Partners, noted, "With an increased demand for casual dining in the
United States we are confident about the growth potential for
Chili's, On The Border and all other concepts." "We are
enthusiastic to be working with MRD on this expansion," said Victor
Maruri, also a partner at Hispania Capital Partners. "They are a
superb partner for Hispania in both their established operational
distinction and their ability to position, translate and market
brands to consumers." MRD's executive management team is led by
Messrs. Jose Alberni and Pedro Amaro, who collectively have over 60
years of experience in the restaurant business, including executive
management positions with Fortune 500 restaurant operating
companies. Mr. Pedro Amaro, chief operating officer of Master
Restaurant Developers stated, "With outstanding value, impeccable
service and a commitment to growth, we look forward to leveraging
our relationship with Hispania to help us become even more
efficient, effective and resourceful." Exact terms of the
transaction were not disclosed. About Brinker International Brinker
International, Inc. (NYSE:EAT) is one of the world's leading casual
dining restaurant companies, serving more than 1 million guests
daily. Founded in 1975 and based in Dallas, Texas, Brinker owns or
franchises more than 1,600 restaurants in 24 countries and employs
more than 100,000. Brinker restaurant brands include Chili's Grill
& Bar, Romano's Macaroni Grill, On The Border Mexican Grill
& Cantina and Maggiano's Little Italy. The company was named
one of FORTUNE Magazine's Most Admired Companies in 2006 and in
2005 was honored by the magazine as one of the Top 50 Employers for
Minorities and the Top 50 Employers for Women. For more information
visit http://www.brinker.com/ . About Master Restaurant Developers
Master Restaurant Developers and its affiliate operate several
restaurant and concession concepts at the Miami International
Airport, including Chili's Too, Chili's Grab 'N Go, Pizza Hut,
Burger King, Samuel Adams Bar, Budweiser Brewhouse and World Wide
Cafe. MRD also operates a Chili's Too at Bayside Marketplace and
recently acquired the two On The Border locations in Kendall and
Pembroke Lakes. About Hispania Capital Partners Hispania Capital
Partners ( http://www.hispaniapartners.com/ ), a Chicago- based
private equity firm, provides growth capital to middle-market
companies targeting the U.S. Hispanic market across a wide range of
industries, including print media and broadcasting, consumer goods,
food manufacturing and distribution, business services, healthcare,
financial services, education and retail.
http://www.newscom.com/cgi-bin/prnh/20051019/CGW022LOGO
http://photoarchive.ap.org/ DATASOURCE: Hispania Capital Partners
CONTACT: Carlos Signoret, Managing Partner of Hispania Capital
Partners, +1-312-697-4611, or Jose Alberni, Chief Financial Officer
of Master Restaurant Developers, +1-305-871-0559 Web site:
http://www.hispaniapartners.com/ http://www.brinker.com/
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