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Tampa investment firm buys Hooters of America

July 2, 2019 - Nord Bay Capital and  and TriArtisan Capital Advisors have closed on the purchase of Hooters of America LLC. The purchase price was not disclosed. Atlanta-based Hooters of America franchises and operates more than 430 Hooters restaurants in 38 states and 27 countries. The company is separate from the original Hooters Inc. based in Clearwater. Hooters is “an iconic global brand that has shown strong financial growth and development," said William Pepper, principal of Nord Bay Capital, a family office based in Tampa. The sellers, including H.I.G. Capital and Chanticleer Holdings, retained a stake in Hooters.

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