BellMark Partners, LLC advised Stephanie’s Restaurant Group (the “Company”) in its sale of selected assets to Met Club Manager, LLC “d/b/a Met Restaurant Group”, headquartered in Boston, Massachusetts. The Met Restaurant Group, based in Boston, MA is the owner and operator of The Met Natick, MET Back Bay, and Saltie Girl restaurants.
Business Description
Stephanie’s Restaurant Group, based in Boston, MA is the owner and operator of the Stephanie’s on Newbury restaurant and the licensor of the Stephanie’s at Logan Airport concept, specializing in sophisticated American comfort food with a fresh, local twist. The Company’s wide variety of “comfort food classics” and entrees range from macaroni and cheese to the oversized Stephi burger, lamb osso bucco, dry aged bone-in sirloin steak, and their famous meatloaf, among many others. As a complement to its food menu, the Company offers an extensive selection of over 100 wines from all around the world. Stephanie’s has established itself as a true Boston institution, famously known by locals and “out-of-towners” for its outstanding cuisine and casually elegant atmosphere.
Transaction Description
BellMark Partners, LLC acted as the Company’s exclusive financial advisor in connection with the completion of this transaction. BellMark Partners, LLC was selected by the Company due to its industry experience and senior-level attention to transaction execution.