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.


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