Foley & Lardner

Foley's Annual MLK Jr. Oratory Competition Announces 2022 Winners

Retrieved on: 
Saturday, January 15, 2022 - 12:34am

"This year's MLK Jr. Oratory Competition marks the 30th anniversary of the event in Dallas a truly momentous occasion for our law firm," said Michael Newman , Managing Partner of Foley's Dallas office.

Key Points: 
  • "This year's MLK Jr. Oratory Competition marks the 30th anniversary of the event in Dallas a truly momentous occasion for our law firm," said Michael Newman , Managing Partner of Foley's Dallas office.
  • "We host this competition to encourage our community to commemorate Dr. King's remarkable life and to pay tribute to his enduring legacy.
  • The event's success led to the establishment of the Houston competition in 1997 and the Chicago competition in 2020.
  • To learn more about Foley's MLK Jr. Oratory Competition, click here .

Lighthouse Management, LLC Raises $65,000,000 in New Capital

Retrieved on: 
Tuesday, December 28, 2021 - 4:42pm

Lighthouse Management, LLC (Lighthouse) announced that it has successfully completed a $65,000,000 senior note issuance in a private placement.

Key Points: 
  • Lighthouse Management, LLC (Lighthouse) announced that it has successfully completed a $65,000,000 senior note issuance in a private placement.
  • This senior note issuance is an important piece in our next phase of growth, said Lighthouse Chief Executive Officer Patrick White.
  • TigerRisk Capital Markets & Advisory acted as exclusive placement agent to Lighthouse in this transaction.
  • Lighthouse Management, LLC is licensed to write business in Louisiana, Texas, Florida, Mississippi, South Carolina, and North Carolina.

FAT Brands Inc. Completes Acquisition of Native Grill & Wings

Retrieved on: 
Friday, December 17, 2021 - 11:00am

LOS ANGELES, Dec. 17, 2021 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”) today announced the completion of its pending acquisition of Native Grill & Wings for $20 million from Wingtime, LLC, a subsidiary of Cybeck Capital Partners, LLC. The acquisition is expected to further increase FAT Brands’ growing market share in the chicken wing category.

Key Points: 
  • Brands Inc. (NASDAQ: FAT) (FAT Brands or the Company) today announced the completion of its pending acquisition of Native Grill & Wings for $20 million from Wingtime, LLC, a subsidiary of Cybeck Capital Partners, LLC.
  • With the acquisition of Native Grill & Wings, FAT Brands will have more than 2,300 franchised and corporate-owned stores around the world with a combined annual system-wide sales of approximately $2.2 billion.
  • Prior to forming FAT Brands, Fatburgers first acquisition was a wing brand, Buffalos Cafe, in 2011, said FAT Brands CEO Andy Wiederhorn.
  • Based in Chandler, Arizona, Native Grill & Wings is a family-friendly, polished sports grill with 23 franchised locations throughout Arizona, Illinois, and Texas.

FAT Brands Inc. Completes Acquisition of Fazoli’s Restaurant Chain

Retrieved on: 
Thursday, December 16, 2021 - 11:00am

LOS ANGELES, Dec. 16, 2021 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”) today announced the completion of its pending acquisition of Fazoli’s from funds under management by Sentinel Capital Partners for $130 million. The acquisition marks FAT Brands’ debut into the Italian quick-service dining category.

Key Points: 
  • FAT Brands Continues to Focus on Broadening Restaurant Portfolio, Making Entrance into Italian Dining Category
    LOS ANGELES, Dec. 16, 2021 (GLOBE NEWSWIRE) -- FAT (Fresh.
  • Brands Inc. (NASDAQ: FAT) (FAT Brands or the Company) today announced the completion of its pending acquisition of Fazo li s from funds under management by Sentinel Capital Partners for $130 million.
  • The acquisition marks FAT Brands debut into the Italian quick-service dining category.
  • FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual, quick-service, casual and polished casual dining restaurant concepts around the world.

Quad Amends and Extends Bank Debt Agreement to November 2026

Retrieved on: 
Tuesday, November 2, 2021 - 8:30pm

Dave Honan, Quad Executive Vice President and Chief Financial Officer, said: We are pleased to have completed the amendment of our $1 billion bank debt agreement this week, which extends the existing maturity to November 2026.

Key Points: 
  • Dave Honan, Quad Executive Vice President and Chief Financial Officer, said: We are pleased to have completed the amendment of our $1 billion bank debt agreement this week, which extends the existing maturity to November 2026.
  • JPMorgan Chase Bank, N.A., BOFA Securities, Inc., BMO Capital Markets Corp., Citizens Bank, N.A., Fifth Third Bank, PNC Capital Markets LLC, and U.S. Bank National Association were the Lead Arrangers of the bank debt agreement.
  • Foley & Lardner LLP served as legal counsel for the Company, and Sidley Austin LLP served as legal counsel for the lenders.
  • Quad has multiple locations throughout North America, South America and Europe, and strategic partnerships in Asia and other parts of the world.

FAT Brands Inc. to Acquire Fazoli’s Restaurant Chain for $130 Million

LOS ANGELES, Nov. 02, 2021 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”) announced today that it has agreed to acquire Fazoli’s, an Italian chain known for its freshly prepared pasta, Submarinos® sandwiches and unlimited signature breadsticks, for $130 million from funds under management by Sentinel Capital Partners. This acquisition brings to FAT Brands the largest premium QSR Italian chain in the U.S., and will be funded with cash from the issuance of new notes from the Company’s securitization facilities. The transaction is expected to close by mid-December 2021.

Key Points: 
  • Brands Inc. (NASDAQ: FAT) (FAT Brands or the Company) announced today that it has agreed to acquire Fazolis, an Italian chain known for its freshly prepared pasta, Submarinos sandwiches and unlimited signature breadsticks, for $130 million from funds under management by Sentinel Capital Partners.
  • The planned acquisition of Fazolis further speaks to FAT Brands recent diversification of their restaurant portfolio, making a foray into the Italian quick-service dining category.
  • From co-branding to virtual kitchens to menu development opportunities, we see great value in being a part of FAT Brands.
  • FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual, casual and polished casual dining restaurant concepts around the world.

Concentric Equity Partners And Northaven Capital Partners Announce Sale Of Airway Services To Takkion

Retrieved on: 
Wednesday, October 20, 2021 - 10:21pm

"Airway has grown rapidly by maintaining its focus on integrity, safety, quality, and customer service" said Adam Lucas, Vice President at Concentric Equity Partners.

Key Points: 
  • "Airway has grown rapidly by maintaining its focus on integrity, safety, quality, and customer service" said Adam Lucas, Vice President at Concentric Equity Partners.
  • "Finding, backing and empowering a first-class management team is half the battle" said Barrett Lidji, a Partner at Northaven Capital Partners, "and the Airway team and culture continues to thrive".
  • "We are proud to have expanded an organization committed to serving both customers and employees and are pleased to have Takkion carry our mission forward," said Rob Swartz, Partner at Northaven Capital Partners and Operating Partner at Concentric Equity Partners.
  • Cascadia Capital LLC and Foley & Lardner LLP represented and acted as financial advisor and legal counsel, respectively, to Concentric Equity Partners, Northaven Capital Partners, and Airway Services on the transaction.

Sheppard Mullin Welcomes New Chief Business Development and Marketing Officer Christie Cáceres

Retrieved on: 
Thursday, October 14, 2021 - 3:01pm

Sheppard, Mullin, Richter & Hampton LLP is pleased to announce that Christie Cceres has joined the firm as Chief Business Development and Marketing Officer.

Key Points: 
  • Sheppard, Mullin, Richter & Hampton LLP is pleased to announce that Christie Cceres has joined the firm as Chief Business Development and Marketing Officer.
  • Cceres was most recently the Director of Business Development and Marketing at Sidley Austin.
  • "Christie brings 20 years of practical, on-the-ground experience to the firm," said Sheppard Mullin chair Luca Salvi.
  • Commenting on joining Sheppard Mullin, Cceres added, "Im honored to be part of such a successful and collegial firm and to be leading an outstanding marketing and business development team.

Foley Opens Salt Lake City Office with Addition of Intellectual Property Litigation Team

Retrieved on: 
Monday, October 11, 2021 - 2:00pm

Foley & Lardner LLP announced today that it is opening an office in Salt Lake City with the addition of an intellectual property litigation team as part of its ongoing strategy to increase the firms presence in key markets.

Key Points: 
  • Foley & Lardner LLP announced today that it is opening an office in Salt Lake City with the addition of an intellectual property litigation team as part of its ongoing strategy to increase the firms presence in key markets.
  • All four team members come from a mid-size, regional law firm that focuses on intellectual property and complex litigation.
  • Salt Lake City is quickly gaining ground as one of the nations foremost technology and startup hubs, with a multitude of technology firms doing business in the metropolitan area.
  • Jared Braithwaite focuses on litigation, intellectual property procurement, data security, and privacy, bringing a 360-degree perspective to protecting and enforcing intellectual property assets and mitigating information risk.

Takkion Acquires Airway Services

Retrieved on: 
Tuesday, October 5, 2021 - 8:44pm

DALLAS, Oct. 5, 2021 /PRNewswire/ --Takkion TP&L Holdings LLC ("Takkion" or the "Company"), a portfolio company of funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, "Apollo") today announced that it has acquired San Angelo, TX-based Airway Services, LLC ("Airway Services", or "Airway"), from family office-backed private investment firms Northaven Capital Partners and Concentric Equity Partners.

Key Points: 
  • DALLAS, Oct. 5, 2021 /PRNewswire/ --Takkion TP&L Holdings LLC ("Takkion" or the "Company"), a portfolio company of funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, "Apollo") today announced that it has acquired San Angelo, TX-based Airway Services, LLC ("Airway Services", or "Airway"), from family office-backed private investment firms Northaven Capital Partners and Concentric Equity Partners.
  • Takkion has acquired Airway Services to expand its solutions for the renewable energy services market.
  • Airway Services will complement Takkion's leading multimodal logistics and O&M services companies: Transportation Partners and Logistics ("TP&L"), Global Specialized Services ("GSS") and Renew Energy ("RENEW").
  • Jim Orr, President and Chief Executive Officer of Takkion, added, "We are excited to add Airway Services to the Takkion platform of companies.