Z Capital Takes Majority Stake In Real Mex Restaurants

Law360, New York (November 13, 2013, 1:39 PM EST) -- Z Capital Partners LLC on Wednesday said it has taken control of Real Mexican Restaurants Inc., following its acquisition of a nonstrategic minority holder’s equity stake, making the private equity firm the largest shareholder of the casual Mexican food chain.

Concurrent with the deal, Z Capital founder and CEO James J. Zenni has also been named chairman of the Real Mex board of directors. Further terms of the acquisition were not disclosed.

Zenni said that since Real Mex CEO Charly Robinson took the reins of the...
To view the full article, register now.