M&A Deal Summary

Olympus Partners Acquires Pepper Dining

On June 28, 2007, private equity firm Olympus Partners acquired restaurant Pepper Dining for 155M USD

Acquisition Highlights
  • This is Olympus Partners’ 1st transaction in the Restaurants sector.
  • This is Olympus Partners’ 4th largest (disclosed) transaction.
  • This is Olympus Partners’ 16th transaction in the United States.
  • This is Olympus Partners’ 1st transaction in North Carolina.
Investment Fate
  • Pepper Dining was sold to a publicly-traded strategic buyer in 2015 for 107M USD.

M&A Deal Summary

Date 2007-06-28
Target Pepper Dining
Sector Restaurants
Buyer(s) Olympus Partners
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 155M USD

Target

Pepper Dining

Charlotte, North Carolina, United States
Pepper Dining Dining is a leading franchisee of Chili's Grill and Bar restaurants. The company operates over 90 restaurants in the Northeastern and mid-Atlantic region.

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Buyer(S) 1

Buyer

Olympus Partners

Stamford, Connecticut, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1988
PE ASSETS 8.5B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Olympus Partners is a private equity group focused on investing in growth companies with strong management, and positions in their respective markets. The Firm will consider both venture capital and private equity investments and looks to commit $75 to $500 million per transaction. The Firm focuses its investment activities within the business services, healthcare, financial services, consumer, restaurant, software/IT services, and logistics/transportation industries. Olympus Partners was formed in 1988 and is based in Stamford Connecticut.


DEAL STATS #
Overall 17 of 55
Sector: Restaurants M&A 1 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 8 of 12
State: North Carolina M&A 1 of 2
Country: United States M&A 16 of 53
Year: 2007 M&A 2 of 2
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-15 Talbot Holdings

Hamilton, Bermuda

Talbot is a privately owned Bermuda-based company, which underwrites marine, property, financial institutions, contingency insurance.

Sell $410M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-01 Tank Holding

Lincoln, Nebraska, United States

Tank Holding is a designer and manufacturer of proprietary rotationally-molded polyethylene and steel containers. Its broad line of products includes tanks for agricultural applications, intermediate bulk containers for hazardous material transportation, chemical storage tanks for industrial applications, as well as water and septic tanks for residential, commercial and municipal specifications. Tank Holding is based in Lincoln, Nebraska.

Buy -