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

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