Transaction Overview
Trinity Capital LLC served as the exclusive financial advisor to Homestyle Dining LLC (“Homestyle”), the parent company to its international, legacy, family-style, full-service and buffet chains, “Ponderosa Steakhouse” and “Bonanza Steakhouse” operating under franchise and sub-franchise agreements in 19 states in the United States, Canada, Puerto Rico, the United Arab Emirates, Egypt, Qatar, and Taiwan. Trinity ran a competitive auction, which garnered substantial interest from private equity firms and strategic buyers alike and ultimately delivered a premium valuation to the seller.
