SOURCE: Patagonia Financial Holdings

Gonzalo Lopez Jordan Santiago Steed

September 20, 2014 11:48 ET

Patagonia Financial Holdings, American Regional Center Group Partner With My Ceviche

My Ceviche Becomes First Fast Casual Restaurant in Companies' EB-5 Visa Portfolio

MIAMI, FL--(Marketwired - September 20, 2014) - Patagonia Financial Holdings and American Regional Center Group (ARCG) are proud to announce the addition of My Ceviche (www.myceviche.com) to ARCG's portfolio of EB-5 visa projects. My Ceviche is the brain child of Roger Duarte and Sam Gorenstein, both of whom were recognized in Forbes Magazine as top influencers in the Food & Wine segment. Together, they created a health-conscious menu filled with vibrant colors, textures and delectable Caribbean-style ceviche, tacos, burritos, salads and sides that are healthy, affordable and environmentally responsible.

"My Ceviche has positioned the brand to benefit from the high growth of the Mexican food sub-segment while establishing itself as the front runner in the seafood sub segment of the fast-casual market," said Gonzalo Lopez Jordan, managing partner of ARCG.

The fast casual industry emerged ten years ago as a hybrid of quick service and casual dining. The first My Ceviche location debuted in mid-march 2012 in sunny South Beach, Fla., quickly becoming a local favorite. The overwhelming success of this location prompted the opening of their second location in the heart of Miami's financial district -- Brickell -- in mid-March 2013 and a third location in South Miami, Fla., at the end of July 2014.

"The fast casual market offers higher quality foods and ingredients as well as a satisfyingly wholesome consumer experience. These factors are responsible for the accelerated growth of the segment which currently makes up 7% of the $435 billion industry," said Santiago Steed, co-managing partner of ARCG. "My Ceviche's concept perfectly targets the consumer movement toward fast-casual dining, making them a success."

In addition to penetrating the market in South Florida, Duarte and Gorenstein have their eyes set on major national markets.

"Not only is this a concept that works in a coastal city like Miami, but also across the nation where ceviche has become popularized on fine dining menus," said Lopez Jordan. "We're thrilled to be partnering with My Ceviche because they appeal to the masses and will be welcomed with open arms in major markets like New York and California. We're going to help carry them across the United States."

My Ceviche plans to open seven additional locations within the next year alone, creating more than 150 jobs directly and several more indirectly.

About Patagonia Financial Holdings and American Regional Center Group LLC
Patagonia Financial Holdings is a private equity firm located in Miami, Fla., headed by Gonzalo Lopez Jordan and Santiago Steed. The firm has over $500 million of deployed capital, primarily focused on structuring value-oriented and special situation investments. Based in Florida, American Regional Center Group LLC (ARCG) was founded in partnership with Patagonia Financial Holdings LLC (PFH) to provide sound and reliable EB-5 investment opportunities for foreign investors and their families who wish to obtain permanent residency in the United States. Patagonia Financial Holdings is headquartered in the heart of Miami's Financial District.

For more information, visit www.patagoniafinancial.com.

About My Ceviche
My Ceviche is a fast casual restaurant that brings wild-caught seafood and free-range chicken to the table in the form of fresh burritos and bowls, tacos, salads, and ceviche. My Ceviche South Beach is located at 235 Washington Avenue and can be contacted at (305) 397-8710; My Ceviche Brickell is located at 1250 South Miami Avenue and can be contacted at (305) 960-7825; My Ceviche South Miami is located at 5900 SW 73 Street and can be contacted at (305) 669-5100. Hours of operation are all stores are Sunday-Thursday from 11:30 a.m. to 10 p.m. and Friday-Saturday from 11:30 a.m. to 11 p.m. My Ceviche offers eat-in, take-out, delivery, and catering services. For more information, visit www.MyCeviche.com. Follow My Ceviche on Twitter and Instagram: @MyCeviche, #MyCeviche; Facebook.com/MyCeviche.

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