Highlighted transactions

Consumer

 

Garden Fresh Restaurant Corp.

A portfolio company of Sun Capital Partners, Inc.

Piper Jaffray served as exclusive investment banker and financial advisor to Garden Fresh Restaurant Corp. on sale to Cerberus Capital Management.

Client Description

Garden Fresh operates over 100 leading salad, soup, and bakery self-serve restaurants across 12 states. The Company’s offerings include fresh salads, house made soups, focaccia pizzas, breads and muffins, hot pastas, desserts, and other freshly-prepared dishes using fresh, on-trend ingredients sourced from farmer partners. The Company operates its concepts using the Souplantation brand in Southern California and Sweet Tomatoes brand elsewhere. Garden Fresh is known for making its food from scratch daily in restaurants and central kitchens, which is distributed through its own supply chain and distribution network. Garden Fresh was founded in 1978 and headquartered in San Diego, CA.

Counterparty Description

Cerberus is a leading global investment firm focused on undervalued investments across the capital structure with approximately $30 billion of assets under management. The firm invests across a wide variety of industries, targeting controlling or significant interests. Cerberus was founded in 1992 and is based in New York with offices in the Middle East, Europe and Asia.


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