Kirkland Counsels Authentic Restaurant Brands on Addition of Tavern in the Square
Kirkland & Ellis advised Authentic Restaurant Brands (ARB), a platform of leading regional restaurant brands and a portfolio company of New York-based principal investment firm Garnett Station Partners, on a transaction whereby Tavern in the Square, the iconic New England polished-casual dining brand, will join ARB through the recapitalization of its parent company, Broadway Hospitality Group. The transaction, ARB’s fifth in five years, grows the ARB platform to approximately $1 billion in annual revenue and over $150 million in EBITDA. Financial terms of the transaction were not disclosed.
Read the transaction press release
The Kirkland team included corporate lawyers Will Boothby, Jeremy Mandell, Zackary Theo and Griffin Clark; and tax lawyers Rachel Cantor, Meg Dewar and Natalie Kannan.