The Cypress Group Announces the Sale of Salsarita’s, Inc.

Salsarita's is a growing independent fast-casual brand serving fresh Mexican cuisine. The company is headquartered in Charlotte, North Carolina and has over 80 locations throughout the Central and Eastern United States.

The Company retained Cypress to evaluate a variety of strategic options including the sale of the concept, a partial liquidity event for the ownership group and raising growth capital for the brand. After reviewing multiple alternatives, Salsarita's elected to sell the company to Mississippi Restaurant Group.

Bruce Willette, Founder & CEO of Salsarita, Inc. commented, "The strength of Cypress' market knowledge and transaction execution was a true asset to our Company throughout this process. Through the dedicated services of the Cypress Group, their long-standing relationships, and knowledge of the restaurant industry, we were able to achieve a milestone transaction on favorable terms. I am extremely pleased with the results of Cypress' efforts and the manner in which they represented our Company throughout our transaction."

The Cypress Group is actively involved in a variety of transactions in the Restaurant and Franchise Industry. We are continuously in the market working with our extensive network of buyers, sellers and capital sources. The Cypress Group provides confidential reviews of specific situations in order to provide clients with strategic options and direction.

The Cypress Group provides a full range of investment banking and strategic advisory services to the franchise and multi-unit restaurant industry, including: Mergers & Acquisitions, Financing and Recapitalizations, Valuations, Litigation Support and Advisory Services.

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