Deal Summary

Burtons Grill

BellMark Partners, LLC advised Burtons Grill, LLC (the “Company”) in obtaining a new senior debt financing from Citizens Bank. The financing will be used by the Company to fund new store openings and other corporate growth initiatives.

Business Description

Burtons Grill, LLC, based in Andover, MA, is the exclusive owner and operator of two full service scratch kitchen restaurant concepts: Burtons Grill & Bar, specializing in American cuisine including steaks, fresh seafood and seasonally inspired chef-driven fare and Red Heat Tavern, featuring American comfort food in the spirit of a backyard BBQ. The Company has a portfolio of 14 stores across 6 states along the East Coast.

Transaction Description

BellMark Partners, LLC acted as the Company’s financial advisor in connection with this transaction. BellMark Partners was selected by the Company due to its industry experience and senior-level attention to transaction execution.

About BellMark Partners, LLC

BellMark Partners, LLC is an independent investment bank that provides M&A advisory and investment banking services to middle market companies in the business & technology services, consumer, industrials and healthcare industries. We advise family, entrepreneur, and other privately-owned companies; private equity and family office-owned companies; and small to mid-cap public companies. Our services include mergers and acquisitions, capital raising and strategic advisory services. Our Managing Directors have collectively executed and closed more than 400 transactions during their professional careers, and previously worked as senior bankers for firms such KeyBanc Capital Markets, Inc., BankBoston Robertson Stephens, Fleet Securities, Inc. and Covington Associates LLC.