Fatz Cafe gets $40 million to refinance debt, spur growth

TAYLORS S.C. Fatz Cafe, the 45-unit casual-dining chain, plans to use a $40 million recapitalization to refinance its debt and fund expansion, the company and its financial sponsors said Tuesday.

The deal was completed this summer by private-equity firm Milestone Partners and executives of Fatz Cafe parent company Cafe Enterprises Inc. The debt financing was provided by GE Capital Solutions, Franchise Finance and Madison Capital Funding.

The financi

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