Investment Summary

SBJ Capital Invests In Swensons Drive-In Restaurants

On May 18, 2016, private equity firm SBJ Capital invested in restaurant Swensons Drive-In Restaurants

Investment Highlights
  • This is SBJ Capital’s 1st transaction in the Restaurants sector.
  • This is SBJ Capital’s 3rd transaction in the United States.
  • This is SBJ Capital’s 1st transaction in Ohio.

Investment Summary
Date 2016-05-18
Target Swensons Drive-In Restaurants
Sector Restaurants
Investor(s) SBJ Capital
Deal Type Growth Capital

Target

Swensons Drive-In Restaurants

Akron, Ohio, United States
Swensons Drive-In Restaurants is a drive-in restaurant chain that has offers hamburgers, crispy extras, and milkshakes. Swensons operates seven restaurants and a food truck in Northeast Ohio and is famous for both its “Galley Boy” burger as well as exceptional customer service provided by the company’s energetic “curb servers. Swensons Drive-In Restaurants was established in 1934 and is based in Akron, Ohio.

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Investor(S) 1

Investor

SBJ Capital

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2013
PE ASSETS 600M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Spanos Barber Jesse & Co. (SBJ) is a private investment firm focused on lower middle-market consumer, business services and healthcare services companies. Prospective transaction types include buyouts, recapitalizations, acquisitions, and growth. SBJ looks to invest $10 to $50 million in companies generating sales up to $100 million and EBITDA of $3 to $15 million. Spanos Barber Jesse & Co. was founded in 2013 and is based in Walnut Creek, California.

DEAL STATS #
Overall 3 of 16
Sector (Restaurants) 1 of 1
Type (Growth Capital) 1 of 7
State (Ohio) 1 of 1
Country (United States) 3 of 16
Year (2016) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-06 STAT Health

Bay Shore, New York, United States

STAT Health is a Urgent care provider on Long Island with a network of 12 centers headed by board-certified Emergency Medicine physicians, and all with the same, clear mission: Delivering high-quality healthcare on your time and your terms – healthcare as it should be.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-07 Troy Lee Designs

Corona, California, United States

Troy Lee Designs is a provider of helmets, apparel, and premium protection for off-road motorcycling and bicycling, sportswear, and accessories, and operates the TLD supercross and motocross teams. Troy Lee Designs was founded in 1981 and is based in Corona, California.

Buy -
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