SOURCE: LRG Capital Group, LLC

March 18, 2008 14:09 ET

LRG Capital Group Names Shah Bahreyni as Managing Director of Newly Formed Hospitality Group

LARKSPUR, CA--(Marketwire - March 18, 2008) - LRG Capital Group, LLC, a global merchant bank which specializes in private equity, real estate, and secured debt financing, as well as financial advisory services to public and private companies, announced today the appointment of Shah Bahreyni as the Managing Director of the newly formed LRG Capital Hospitality Group (LRG Hospitality). The Group will provide full-service strategic and financial advisory services to companies in the restaurant, food and beverage industries.

According to Lawrence Goldfarb, CEO of LRG Capital Group, "We formed the LRG Capital Hospitality Group in response to companies in the restaurant, food and beverage sector coming to us in need of strategic and financial advisory services on mergers and acquisitions, restructurings and recapitalizations, as part of a focused subset of our LRG Capital Advisory Group offering. With Shah in place as Managing Director, his tremendous hands-on experience in senior executive, owner and buy/sell side advisory roles of hospitality companies allows us to maximize our strategic value to our clients."

Mr. Bahreyni brings over 20 years of experience in the hospitality industry to LRG Capital Group. He is recognized as a trend and concept leader through his ability to comprehensively analyze restaurant concepts, scalability and financial standings. He has launched successful restaurants (Boca Steak & Seafood, Sabella's Italiana Market, Ondine Private Events & Restaurant, Faz Bistro, Toast) and turned others around (Horizon, Tutto Mare, A. Sabella's), in his role as General Manager, Director of Operations and/or Proprietor.

As Director of Operations of Constellation Concepts (California Café Group) from 2001-2004, Mr. Bahreyni restructured the Horizons and Ondine restaurants, taking them to number one and two, respectively, in sales and profits out of 21 restaurants in 18 months. Previously, Mr. Bahreyni worked for highly recognized restaurant organizations such as the American Restaurant Group/Spectrum Foods division, Faz Restaurant Group and A. Sabella's Restaurants.

The entire LRG Hospitality team brings a wide range of advisory and hospitality experience. Each of the LRG Hospitality professionals have more than 15 years of experience advising companies through their roles as hospitality executives and restaurant owners, Wall Street investment bankers, lawyers and management consultants. Collectively, LRG Capital Group professionals have provided advisory services on more than 300 transactions that total over $75 billion in value.

ABOUT LRG CAPITAL GROUP

LRG Capital Group (www.lrgcapital.com) is a global merchant bank that specializes in private equity, real estate, hospitality and secured debt financing, as well as financial-advisory services, to a diverse range of publicly traded and private companies. With offices in San Francisco, New York and Miami, the firm represents companies on equity and debt placements, restructurings, recapitalizations, management buyouts and other strategic alternatives. LRG Capital Group is also the investment manager for LRG Capital Funds, which include the BayStar Capital III Fund. Additionally, the firm invests in and owns various entertainment interests, as well as U.S. and foreign real estate assets including derivative interests in real estate securities and real estate development projects and properties.

Contact Information

  • Media contact:
    Alexis Banducci
    LRG Capital Group, LLC
    (415) 834-4664
    Email Contact