leading source of quality merger and acquisition opportunities on the internet
   
Find out how to reach our offices Go to Main Site Page


RECENT TRANSACTIONS
 

Smith & Wollensky Completes Sale

“We retained TM Capital as financial advisor because of their deep experience in contested public transactions and in our industry. TM's expertise was critical as they helped Smith & Wollensky pursue alternatives to a hostile offer, resulting in the sale of the company to an attractive party at a premium value.

The TM Capital team was focused and committed to Smith & Wollensky throughout this unusually complex process, with senior attention devoted to negotiating the best possible outcome. I would highly recommend the firm to others facing similar challenges.”

- Richard Mandell, Chairman, Special Committee of the Board of Directors, Smith & Wollensky Restaurant Group, Inc.
 
  • The Smith & Wollensky Restaurant Group, Inc. (NASDAQ: SWRG) develops and operates high-end, high-volume restaurants in major cities across the United States
  •  
  • The Special Committee of the Board of Directors of Smith & Wollensky retained TM Capital Corp. as financial advisor to evaluate an unsolicited takeover proposal and consider alternatives
  •  
  • TM Capital negotiated the sale of SWRG to Project Grill, LLC, a consortium formed by Bunker Hill Capital, L.P. and certain principals of Patina Restaurant Group for a cash merger price of $11.00/share
  •  
  • The acquisition price of $11.00 in cash per share, $98 million in aggregate, provides a premium of approximately 118% over Smith & Wollensky’s stock price before the unsolicited proposal
  •  
  • TM Capital acted as financial advisor and issued related fairness opinions to the Special Committee of the Board of Directors of Smith & Wollensky

  • Press Release



     

    ©2010 eMergers.com. All Rights Reserved.
    eMergers.com, the proprietary M&A website of TM Capital Corp., member FINRA and SIPC
    email: info@tmcapital.com


    641 Lexington Avenue, 30th Floor
    New York, NY 10022
    phone: (212) 809-1360
    fax: (212) 809-1450


    200 Clarendon Street, 25th Floor
    Boston, MA 02116
    phone: (617) 259-2200
    fax: (617) 259-2220


    Fifteen Piedmont Center NE, Suite 1010
    Atlanta, GA 30305
    phone: (404) 995-6230
    fax: (404) 995-6240

    See our Terms and Conditions for using this site Go to top of page