Houlihan's gets $68M to fund new prototype expansion

LEAWOOD Kan. Houlihan's Restaurants Inc. received more than $68 million from two outside sources to fund expansion and remodeling of the 92-unit chain, the company said late last month.

Minneapolis-based private-equity firm Goldner Hawn Johnson provided $28 million in equity, and Wells Fargo Foothill Restaurant Finance, a subsidiary of Wells Fargo & Co., provided a new $40 million senior credit facility.

Houlihan's said the funds would be used to

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish