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Private equity firms buy prominent area-based restaurant brand

Nord Bay Capital of Tampa buys Hooters of America from Miami-based H.I.G. Capital.

  • By Business Observer Staff
  • | 6:00 a.m. July 2, 2019
  • | 0 Free Articles Remaining!
  • Tampa Bay-Lakeland
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CLEARWATER — Nord Bay Capital of Tampa and its advisor, New York-based Tri-Artisan Capital Advisors, has closed on the acquisition of Hooters of America from H.I.G. Capital, a Miami-based private equity and alternative assets investment firm.

Financial terms were not disclosed and the selling entities will each retain a stake in the company, according to a statement. 

 

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