(RestaurantNews.com) Blackstreet Capital Management announced that it has completed its acquisition of Jerry’s Systems Inc.
Jerry’s Systems, Inc. is a 66 Unit Franchisor of Jerry’s Pizza and Subs Restaurants, based in Gaithersburg, Maryland. The restaurants are located in Maryland, Virginia, DC, Delaware, and West Virginia. President, Dave Terzian owned and operated Jerry’s Systems for 25+ of the 60 years since Jerry’s opened its first restaurant, featuring the “World’s Best Cheesesteak”. The Company is in positioned in the growing “fast casual sector” of the restaurant industry.
Dave Terzian will be staying on as a consultant to Blackstreet Capital and assisting on the transition of ownership.
Lawrence S Berger, Managing Director, spearheaded the acquisition for Blackstreet Capital Management, LLC. Blackstreet Capital Management, a Private Equity Company, located in Chevy Chase Maryland, has been acquiring and resurrecting Companies since 2003.
Advanced Restaurant Sales acted as exclusive advisor to the Seller in the transaction and worked hard to find the best fit for Jerry’s Systems’ unique story.
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About Advanced Restaurant Sales:
Advanced Restaurant Sales has been representing franchisees in the following major franchise systems over the last 18 years: Arby’s, Applebee’s, Blockbuster Video, Bojangles’ Famous Chicken ‘n Biscuits, Buffalo Wild Wings, Burger King, Captain Ds, Carl’s Jr., Checkers Drive-In Restaurants, Church’s Chicken, CiCi’s Pizza, Dairy Queen, Denny’s, Domino’s Pizza, Dunkin’ Donuts, Friendly’s Restaurants, Fuddruckers, Golden Corral, Hooters, IHOP, Jack in the Box, Johnny Rockets, Little Caesars, KFC, Krispy Kreme, Krystal, McAlister’s Deli, Moe’s Southwest Grill, Orange Julius, Panera Bread/Saint Louis Bread Company, Papa Johns, Perkins, Pizza Hut, Popeye’s Chicken & Biscuits, Qdoba Mexican Grill, Quizno’s, Rally’s, Schlotzsky’s, Shakey’s, Pizza, Shoney’s. Souper Salad, Steak n Shake, Sonic, Subway, Taco Bell, TGI Fridays, Tony Roma’s Uno Chicago Grill, Village Inn, Waffle House and Wendy’s,
We have worked with franchisees/franchisors in all the aft mentioned franchise systems. Have completed evaluations on all the aft mentioned franchisee systems, and have relationships with all the franchisees and franchisors in the aft mentioned systems.
Because of our unique diversity of restaurant systems we have worked with, Advanced Restaurant Sales can find opportunities that other companies simply cannot. We are always involved in a diverse number of transactions in the Restaurant and Franchise Space. Finally, we have relationships with virtually every Private Equity firm investing in or investigating in the Restaurant Space and are constantly working with our network of buyers, sellers, lenders and workout personal from every major lender to find opportunities for our customers and clients.
Contact:
Patrick Silvia
Advanced Restaurant Sales
111 Village Parkway
Bldg #2
Marietta, GA 30067
678- 229-2384 Ext.1
psilvia@advanced-restaurantsales.com
http://advanced-restaurantsales.com
Mergers And Acquisitions for the Restaurant Industry
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