DFX Intelligence
City Capital Ventures and Rackson Restaurants, LLC
Majority investment deal· Bridgewater, NJ
NJ.
No date on record · this record
- Announced
- Jan 2021
- Firms on the deal team
- 3
- Capital providers
- 1
No date on record · this record
Independent sponsor
- Dan Kipp · quoted restaurantbusinessonline.com
Debt
- MUFG · Lender
The announcement
City Capital Ventures, a Chicago-based investment firm, said on Thursday that it has made a majority investment in Rackson Restaurants, a 55-unit Burger King and Popeyes franchisee based in Bridgewater, N.J.
DFX analyst research (General-assisted, every claim URL-cited) restaurantbusinessonline.comuncommonequity.com uncommonequity.com
Deal teamHow a firm is placed on a dealA firm is on this deal when the announcement, a filing, or the firm's own deal page names it in the role. Medium confidence (a biography naming the deal, or a side read from the sentence) is labelled; anything weaker is not shown.
Sponsor and buyer counsel
- Perkins Coie · Sponsor counsel for City Capital Ventures
Seller and company counsel
- Mayer Brown · Company counsel for Rackson Restaurants, LLCRestaurant Business2021-01-22
Sell-side advisor
- Mastodon Ventures, Inc. · Sell-side advisor for Rackson Restaurants, LLCrestaurantbusinessonline.comInferred