Press releases
Deloitte Corporate Finance LLC Advises Buddy’s Holding Company LLC on its Partnership with CapitalSpring
CHARLOTTE, N.C., Feb. 9, 2018 — Deloitte Corporate Finance LLC acted as the exclusive financial advisor to Detroit, Michigan-based Buddy’s Holding Company LLC (Buddy’s Pizza) on its partnership with CapitalSpring, a leading private investment firm focused exclusively on the branded restaurant industry. The transaction closed Dec. 31, 2017.
Buddy’s Pizza has served Detroit since its founding in 1946 and has received a number of awards and accolades from notable food critics and media sources including being named one of “America’s Top 5 Pizza Places” by The Food Network.
“The team at Buddy’s Pizza delivers a high-quality product and experience to its customers in the Detroit area. This nationally-recognized business is committed to continually improving its craft while always staying true to the product and its Detroit heritage,” said Matt Preece, managing director, lead - U.S. consumer and retail investment banking, Deloitte Corporate Finance LLC. “We are excited to see Buddy’s Pizza enter a new phase of growth in partnership with CapitalSpring.”
About Buddy’s Pizza
Operating since 1946, Buddy’s Pizza is the birthplace of the original Detroit-style pizza. For seven decades the restaurant has been feeding patrons at its 12 metro Detroit locations and earning accolades from fans across the nation, including recognition from CBS This Morning, USA Today, Zagat, Food Network, Pizza Today, Eater, Travel Channel and more. Consistently voted Detroit’s number one pizza locally, regionally and nationally, the Farmington Hills,
About CapitalSpring
Founded in 2005, CapitalSpring is a private investment firm focused exclusively on the restaurant industry. The Firm currently manages assets of approximately $1.3 billion and has completed investments in over 50 different restaurant brands and 4,000 restaurant locations. CapitalSpring focuses on supporting proven restaurant operators with a range of structured credit and private equity solutions and has offices in Nashville, Los Angeles, Atlanta, and New York. For more information about CapitalSpring, please visit www.capitalspring.com.
About Deloitte Corporate Finance LLC
Deloitte Corporate Finance LLC (DCF) provides strategic advisory services and M&A advice that help corporate, entrepreneurial, and private equity clients create and act upon opportunities for liquidity, growth and long-term advantage. With an in-depth understanding of the marketplace and access to a global network of investment bankers, we help clients confidently pursue strategic transactions in both domestic and global markets. DCF, together with the Corporate Finance Advisory practices within the Deloitte Touche Tohmatsu Limited network of member firms,
Prior engagement performance is no guarantee of future performance and may not be representative of the experience of other clients. This communication is for informational purposes only and is not intended as an offer or solicitation for the purchase or sale of a security.
Deloitte Corporate Finance LLC, an SEC registered broker-dealer and member of FINRA and SIPC, is an indirect wholly-owned subsidiary of Deloitte Financial Advisory Services LLP and affiliate of Deloitte Transactions and Business Analytics LLP. Investment banking products and services within the United States are offered exclusively through Deloitte Corporate Finance LLC. For more information, visit www.investmentbanking.deloitte.com. Please see www.deloitte.com/us/about for a detailed description of our legal structure. Certain services may not be available to attest clients under the rules and regulations of public accounting.
Media contact:
Shelley Pfaendler
Public Relations
Deloitte Services LP
+1 212 492 4484