victory park capital giordano's


content Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Mama Giordano was famous for her Italian Easter Pie, a double-crusted, cheese pizza. Michele Smith latest to leave City Council. Winsight is a leading B2B information services company focused on the food and beverage industry, providing insight and market intelligence to business leaders in every channel consumers buy food and beverage convenience stores, grocery retailing, restaurants and noncommercial foodservice through media, events, data products, advisory services, and trade shows. #6. You should only be asked to sign in once. Market Intelligence Under Apostolous ownership, the restaurant filed for bankruptcy in 2011, blaming debt it took on for real estate investments. He served as President and COO of Austin Entertainment Center, LP, until the end of 2011, when he resigned in order to accept the CEO position of Giordanos. Richard Levy - CEO & Founder, Victory Park Capital Advisors LLC, #11. Under his leadership, the restaurant group received media and peer attention and accolades for its high-quality of food, service, and focus in hospitality. Kenneth Lin - CEO & Founder, Credit Karma, #9. Click below to see everything we have to offer. Mike Cagney - CEO, Chairman & Co-founder, SoFi. Click here to get the full experience on your screen. Suite 3200 A popular Chicago deep-dish pizza chain is ready for a sale. COVID claims the classic Chicago office skyscraper, Ald. Deep-dish pizza chain Giordanos LLC, or Giordano's, is set to be sold by its private equity backer Victory Park Capital Advisors LLC in the next few months, Crain's Chicago Business reported, citing Mergermarket. ), Senate Committee on Banking, Housing & Urban Affairs, #10. He earned a political science degree from Ohio State and a law degree from Chicago Kent Law School.

At the time of his departure in 2004, Koutsogiorgas had led Maggianos Little Italy to earn one of the best employee retention records in the restaurant industry. Sign up here. Victory Park Capital Advisors LLC, the private equity firm that bought Giordano's out of bankruptcy in 2011, has hired investment bank Piper Jaffray Companies PJC.N to run a sale process for the company, the people said this week. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. Secondaries-focused Pomona Capital has soared past its target to reach over $2.4bn for its tenth flagship fundraise. The latest from Restaurant Business, sent straight to your inbox. September 14-15 The Chicago Tribune called Papagus the Best Greek restaurant in Chicago, and Esquire magazine hailed Papagus as one of the Best 25 Restaurants in the United States.

(Reuters) - Giordanos, the Chicago-based restaurant chain famous for the citys stuffed deep-dish pizza, is exploring selling itself, according to people familiar with the matter. Koutsogiorgas was instrumental in establishing Papagus Greek Taverna as the leading ethnic restaurant within the LEYE group. Sixth Street Leads $600 Million Investment in Contentsquare, Blackstone Posts Loss as Market Turmoil Hits Private-Equity Portfolio, CenterGate Passes $300 Million in First Close for Sophomore Fund, General Atlantics Climate-Focused Fund Collects Over $2 Billion. All other data points as on May 31, 2021. In 2007, Koutsogiorgas was given the additional responsibility to lead the operations and growth of Austin Entertainment Center, LP, a family entertainment company in the portfolio of companies of GESD Capital Partners, LLC. Giordanos could fetch more than $100 million in a sale, the people added, asking not to be identified because the matter is confidential. He served as Vice President of Operations, with a focus on growing Maggianos. Victory Park Capital has invested in multiple sectors such as and more. Under this new ownership, Koutsogiorgas was appointed Senior Vice President of Operations and Chief People Officer of Maggianos Little Italy. Chicago-based Victory Park still owns equity in Giordano's. Instead of practicing law, he turned to business after working at the U.S. Commodity Futures Trading Commission. Click https://www.wsj.com/articles/DJFLBO0120150401eb41rnc0k. In early 2005, GESD Capital Partners, LLC, a private equity group based in San Francisco, California, purchased the company. Our Standards: The Thomson Reuters Trust Principles. Peter Renton - Founder, Lend Academy Media; Co-founder, LendIt Conference, #18. Victory Park Capital Advisors acquired the chain for roughly $52 million in a bankruptcy sale. The process has broadened his funding strategy, which now includes a nonprofit company Gardeneers, which puts gardens in urban schools. Victory Park Capital Advisors, the private-equity firm that owns Giordanos, has hired investment bank Piper Jaffray to manage the sale, Reuters says. E-mail oureditor Victory Park Capital Advisors LLC, the private equity firm that bought Giordano's out of bankruptcy in 2011, has hired investment bank Piper Jaffray Companies. Under the new ownership Koutsogiorgas served as President and COO of Go Roma and expanded its operations to include six restaurants in the greater Chicago area. Koutsogiorgas was instrumental in doubling the annual sales and profits of the company and he remained as Managing Partner and head of operations in both restaurant locations until 1989. 516 200-63226901 Jericho Turnpike, Suite 215, Syosset, NY 11971, SMALL BUSINESS LOANS| MERCHANT CASH ADVANCES | BUSINESS LOAN CONSOLIDATION | HARD MONEY LOANS APPLY NOW | ABOUT MAYAVA | PARTNERS |LENDING NEWS, SMALL BUSINESS LOANS| MERCHANT CASH ADVANCES | BUSINESS LOAN CONSOLIDATION | HARD MONEY LOANS APPLY NOW | ABOUT MAYAVA | PARTNERS | LENDING NEWS. Deep-dish pizza chain Giordanos is considering selling its operation, a move that could garner upwards of $100 million, Reuters reports, citing sources familiar with the matter. Reserved. Kathryn Petralia - COO & Co-founder, Kabbage. In 1996, Brinker International, a publicly traded restaurant corporation (NYSE-EAT), with headquarters in Dallas, Texas, purchased Maggianos Little Italy. When he was 27, he co-founded Crestview Capital Partners, a hedge fund, and left to join Magnetar Capital, where he says he got a great two-year education in risk management. #8. #3. No. Secondary deal volume for energy funds rose slightly last year but many buyers remain cautious, Wall Street Journal Apr 24, 2022 04:00:00AM, Investment major Ares Management has launched a new private equity secondaries fund with more than $250m of initial capital, The $81bn sovereign wealth fund is one of the first institutional investors to signal that it is looking at cutting exposure to the country held via PE portfolio, Private Equity International Mar 11, 2022 05:00:00AM. Will a downtown NASCAR race be an economic bust or boon? Our company was incorporated on 11th August, 2012, as Tracxn Technologies Private Limited. In early 1994, Koutsogiorgas was appointed Managing Partner and Vice President of Operations by the Board of Directors of LEYE. Our mission is to match prospective borrowers with our preferred network of lenders. This copy is for your personal, non-commercial use only. Victory Park Capital has made 5 acquisitions and 71 investments. JavaScript is disabled in your browser. A link has been emailed to you - check your inbox. Copyright 2022 | Designed with [fa icon=heart"] by Morey Creative Studios, CEO & Founder, Victory Park Capital Advisors LLC, Top 10 Things You Should Know (And Do) Before Applying for a Business Loan Online. A verification email is on its way to you. here to register, Not for publication, email or dissemination, Blackstone reaffirms $150bn fundraising goal despite more challenging environment, Mandrake Capital raises $268m for maiden real estate fund, As NYS Common commitment shows, in-state programs help support local economy, San Bernardino pension starts to see pain in VC, growth portfolios, PE ranks as strongest asset class for pensions over the past decade, survey says, LPs spot private debt in hunt for inflation-oriented strategies, Opinion: NY State Teachers chose secrecy in secondaries advisory contract. The chain was acquired by the firm in 2011 for $61 million after it went bankrupt from rapid expansion in nontraditional markets like Florida. Brayden McCarthy - Head of Policy & Advocacy, Fundera. In 2004, Koutsogiorgas joined forces with three restaurant industry veterans with whom he had worked throughout his years at LEYE and Brinker International, and co-founded Go Roma, a fast casual restaurant with a menu featuring made-from-scratch pizza, pasta, salads, sandwiches and other popular Italian specialties. // ]]>, #19. Chicago, IL 60601 Staying current is easy with Crain's news delivered straight to your inbox, free of charge. Possible bidders include sponsors seeking the iconic Chicago brand, which includeminority investors like former Chicago Bulls NBA player, Derrick Rose. Eventually he got an M.B.A. //