Fiesta Restaurant Group

Comvest Credit Partners Provides Financing to Support the Take-Private of Pollo Tropical

Retrieved on: 
Thursday, November 16, 2023
Consulting, Banking, Professional Services, Finance, Funding, Acquisition, Hormone, Consumer, Chicken, Food, Fiesta Restaurant Group, Partner, Garnett station, The Bahamas, Pollo Tropical

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the Sole Lender on a $115 million senior secured credit facility (the “Financing”) for Pollo Tropical (the “Company”), a Miami-based fast-casual restaurant chain.

Key Points: 
  • Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the Sole Lender on a $115 million senior secured credit facility (the “Financing”) for Pollo Tropical (the “Company”), a Miami-based fast-casual restaurant chain.
  • The Financing supported the take-private acquisition of Fiesta Restaurant Group, Inc. (NASDAQ: FRGI), the publicly traded parent company of Pollo Tropical, by Authentic Restaurant Brands, a portfolio company of Garnett Station Partners (“Garnett Station”).
  • The financing also provides committed capital to support the ongoing operations of the business.
  • “As an active and experienced investor in well-positioned quick-service restaurant concepts, Comvest Credit Partners is pleased to support the continued development of Pollo Tropical,” said Dan Lee, a Partner and Co-Head of Consumer & Retail at Comvest.

Authentic Restaurant Brands Completes Acquisition of Fiesta Restaurant Group

Retrieved on: 
Monday, October 30, 2023
Finance, Restaurant, Bar, Food, Beverage, Retail, Professional Services, Knowledge, Fiesta Restaurant Group, Acquisition, Restaurant Brands, ARB, Love, Fiesta, Pollo Tropical

Authentic Restaurant Brands (“ARB”), a portfolio company of Garnett Station Partners, LLC (“Garnett Station” or “GSP”), a New York-based principal investment firm, today announced the completion of its previously announced acquisition of Fiesta Restaurant Group, Inc. ("Fiesta" or the "Company") (NASDAQ: FRGI), parent company of the Pollo Tropical® restaurant brand.

Key Points: 
  • Authentic Restaurant Brands (“ARB”), a portfolio company of Garnett Station Partners, LLC (“Garnett Station” or “GSP”), a New York-based principal investment firm, today announced the completion of its previously announced acquisition of Fiesta Restaurant Group, Inc. ("Fiesta" or the "Company") (NASDAQ: FRGI), parent company of the Pollo Tropical® restaurant brand.
  • “Our distinct vision for Pollo Tropical is to amplify the fundamental aspects of the brand that customers love and expand its capabilities to deliver high-quality, affordable food in a casual setting,” said Alex Macedo, Chairman of Authentic Restaurant Brands.
  • The consideration paid to Fiesta common stockholders as part of the transaction is $8.50 per share in cash.
  • Stockholders approved the merger agreement proposal at a special meeting of Fiesta stockholders on October 24, 2023, in connection with the previously announced definitive agreement between the Company and ARB.

SHAREHOLDER ALERT: Morris Kandinov Investigating AEL, FRGI, NEM, and THRN; Shareholders are Encouraged to Contact the Firm

Retrieved on: 
Friday, September 29, 2023
AEL, Brookfield (corporation), Fiesta Restaurant Group, Advertising, SAN, NYSE, Security (finance), Real estate, Newcrest Mining, Fiesta, Newmont

Morris Kandinov is investigating possible breaches of fiduciary duties and other violations of law related to Fiesta Restaurant Group, Inc.’s agreement to be acquired by Authentic Restaurant Brands.

Key Points: 
  • Morris Kandinov is investigating possible breaches of fiduciary duties and other violations of law related to Fiesta Restaurant Group, Inc.’s agreement to be acquired by Authentic Restaurant Brands.
  • Morris Kandinov is investigating possible breaches of fiduciary duties and other violations of law related to Newmont Corporation’s agreement to merge with Newcrest Mining Limited.
  • Morris Kandinov is investigating possible breaches of fiduciary duties and other violations of law related to Thorne HealthTech, Inc.’s agreement to be acquired by L Catterton.
  • Morris Kandinov LLP is a national law firm that specializes in recovering investment losses and protecting stockholder rights.

Wohl & Fruchter LLP Files Class Action Lawsuit on Behalf of Shareholders of Fiesta Restaurant Group, Inc. in the U.S. District Court for the Southern District of New York

Retrieved on: 
Thursday, September 28, 2023
Fiesta Restaurant Group, Court, District court, Security (finance), Electric Bond and Share Company v. Securities and Exchange Commission, Fiesta

MONSEY, N.Y., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Wohl & Fruchter LLP announces that on September 27, 2023, it filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned Zappia v. Fiesta Restaurant Group, Inc. et al., Case No.

Key Points: 
  • MONSEY, N.Y., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Wohl & Fruchter LLP announces that on September 27, 2023, it filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned Zappia v. Fiesta Restaurant Group, Inc. et al., Case No.
  • 23-cv-08524, on behalf of a class (“Class”) of individuals and entities that held common stock of Fiesta Restaurant Group, Inc. (“Fiesta”) as of the close of business on September 19, 2023 (“Class Period”), asserting claims under Sections 14(a) and 20(a) of the Securities Exchange Act of 1934, and Securities and Exchange Commission Rule 14a-9 promulgated thereunder, as well as claims under Delaware law, in connection with the proposed merger (“Merger”) of Fiesta and affiliates of Garnett Station Partners, LLC.
  • Investors are hereby notified that not later than 60 days after the date of this notice, any member of the purported Class may move the Court to serve as lead plaintiff of the purported Class in this action.
  • If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us by phone at 866-833-6245, or via email at [email protected] .

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates FRGI, SOVO, CPRI

Retrieved on: 
Wednesday, September 27, 2023
Sale, Fiesta Restaurant Group, NYSE, Fraud, Capri, Advertising, Tapestry, Inc., Campbell Soup Company, Security (finance), Fiesta

If you are a Fiesta shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Fiesta shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Moore Kuehn Encourages PFSW, SOVO, CPRI, and FRGI Investors to Contact Law Firm

Retrieved on: 
Wednesday, September 27, 2023
Tapestry, Campbell Soup Company, PFSweb, PLLC, Wall Street, Capri Holdings, Fiesta Restaurant Group, Fraud, Security (finance), Bank, Sovo, Capri, Fiesta

Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies.

Key Points: 
  • Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies.
  • Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq.
  • Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
  • Moore Kuehn is a 5-star Google client-rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SCU, FRGI, CATC

Retrieved on: 
Thursday, September 21, 2023
Fiesta Restaurant Group, Fraud, Advertising, NYSE, Sale, Security (finance), Fiesta

If you are a Sculptor shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Sculptor shareholder, click here to learn more about your rights and options .
  • If you are a Fiesta shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates NXGN, FRGI, ESTE

Retrieved on: 
Wednesday, September 6, 2023
Permian, NextGen Healthcare, Nextgen, Fiesta Restaurant Group, Sale, Petroleum & Resources Corporation, Advertising, Thoma Bravo, Fraud, NYSE, Security (finance), Fiesta

If you are a NextGen shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a NextGen shareholder, click here to learn more about your rights and options .
  • If you are a Fiesta shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates NEWR, SOVO, FRGI

Retrieved on: 
Wednesday, August 23, 2023
Sale, Fiesta Restaurant Group, Fraud, NYSE, Advertising, Francisco Partners, Campbell Soup Company, Security (finance), New Relic, Fiesta

If you are a New Relic shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a New Relic shareholder, click here to learn more about your rights and options .
  • If you are a Sovos Brands shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Moore Kuehn Encourages FRGI, SOVO, SATS, and CTG Investors to Contact Law Firm

Retrieved on: 
Monday, August 21, 2023
DISH, Dish Network, PLLC, Computer Task Group, Wall Street, Cegeka, Fraud, Fiesta Restaurant Group, Campbell Soup Company, EchoStar, Security (finance), Bank, Sovo, Fiesta

Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies.

Key Points: 
  • Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies.
  • Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq.
  • Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
  • Moore Kuehn is a 5-star Google client-rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims.