SOURCE: Indigo Group

Indigo Group

April 16, 2013 10:00 ET

Indigo Group Backs Acquisition of Six Quick Service Restaurants

The Group Continues Development and Expansion of Its Hospitality and Venture Arms

DALLAS, TX and NEW YORK, NY--(Marketwired - Apr 16, 2013) - Indigo Group, LLC, a business advisory and private equity firm, announced a completed acquisition of six quick service restaurants based in East Texas. Indigo Group secured capital for the acquisition and served as advisor to the new management group.

The restaurant acquisition marks continued development for Indigo Group's hospitality arm, which includes portfolio companies ranging from a beverage line to a wine and spirits distribution company. Indigo Group also provides integral consulting and operational advisory services for these businesses.

"This recent transaction sharpens our focus in the hospitality space," said Tom Foley, Managing Director of Indigo Group's Dallas office. "This industry presents unique opportunities for Indigo Group, and we're looking to expand nationally. We're currently sourcing more projects as well as counseling companies in order to foster smart growth. We are excited to be a part of this developing sector."

Jonathan Shechter, Managing Director of Indigo Group based in New York, added, "We have a few short term hospitality-related targets we are looking to close in the next few months as well as some longer term projects in development. On the venture side, we remain focused on advising promising, well-positioned companies and innovative entrepreneurs in different segments and industries."

About Indigo Group

Indigo Group is a business advisory and private equity firm, delivering strategic business advice to its clients and portfolio companies. Indigo Group is comprised of three divisions each with a focus on its respective market segment -- Indigo Hospitality, Indigo Ventures, and Indigo Capital. Indigo Group's clients and portfolio companies include start-up ventures, new and established hospitality chains and mature companies. Indigo Group's business advisory services incorporate a comprehensive legal understanding of key business decisions, allowing clients to properly balance strategic vision, execution and risk considerations. Indigo Group offers business advisory, investment banking services, corporate risk management and through its affiliated law firm, Foley Shechter LLP (www.foleyshechter.com), provides legal services in business and commercial legal matters, venture capital, private equity and regulatory compliance. For more information about Indigo Group, visit www.indigogroupllc.com.

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