Home > M&A deals 1996 > American Securities LLC acquires Caribbean Restaurants LLC
Secondary Buyout · Restaurants · October 1996

American Securities LLC acquires Caribbean Restaurants LLC

On October 1, 1996, American Securities LLC acquired Caribbean Restaurants LLC, a restaurants company in Puerto Rico, from Quad-C Management, Inc.

Deal at a glance

AnnouncedOctober 1, 1996 TypeSecondary Buyout TargetCaribbean Restaurants LLC Buyer American Securities LLC Seller Quad-C Management, Inc. SectorRestaurants LocationPuerto Rico ValueNot disclosed

Target company

Caribbean Restaurants LLC
Puerto Rico
Caribbean Restaurants LLC is an own and operator of 171 Burger King restaurants in Puerto Rico and has been in continuous operation for 43 years. CRI is the market leader and most successful quick-service restaurant franchise on the island.
Restaurantssector
1963founded
Activestatus
View the company profile →

Buyer

American Securities LLC
Private equity firm · 77 deals on record
  • 1st transaction in restaurants
  • 1st transaction in Puerto Rico
77deals, all time
4in this sector
2021latest

Seller

Quad-C Management, Inc.
Private equity firm · 57 deals on record
57investments
3in this sector
36exits

Members only

Contact details at the buyers and sellers
The full deal history of every party
Co-investors and the other advisors on this deal
Deal value and revenue or EBITDA multiples

Questions about this deal

Who acquired Caribbean Restaurants LLC?American Securities LLC acquired Caribbean Restaurants LLC on October 1, 1996.

Who sold Caribbean Restaurants LLC?Quad-C Management, Inc. was the seller.

What type of deal was it?It was a secondary buyout in the restaurants sector in 1996.

See the full picture on AcquityDataContacts, full deal histories, co-investors and deal values. Free for a day with your Google account, no card needed.
Try it free
Data updated daily on AcquityData (Acquity Data).