CRT Capital Group LLC n/k/a M.M. Dillon & Co. served as financial advisor to American Restaurant Group, Inc. (the “Company”) in connection with the refinancing of the Company’s existing senior secured credit facility with new first-lien financing based on the appraised value of the Company’s collateral (the “New Senior Secured Financing”) and/or additional financing in excess of the proposed New Senior Secured Financing.
About American Restaurant Group, Inc.
American Restaurant Group, Inc. operates in the midscale segment of the United States restaurant industry. The company, through its subsidiaries, operates a western-style steakhouse. As of December 29, 2003, Black Angus operated 105 Stuart Anderson’s Black Angus and Stuart Anderson’s Cattle Company steakhouses located primarily in California, the Pacific Northwest, and Arizona. The company is to acquire certain operations of Saga Corporation, a subsidiary of Marriott Corporation. American Restaurant Group, Inc. was founded in 1986 and is based in Los Altos, California.
About M.M. Dillon & Co.
M.M. Dillon & Co. (formerly CRT Investment Banking LLC) is an employee owned partnership where industry and product specialists collaborate closely to provide creative, idea-driven advice and solutions to its institutional and corporate clients. M.M. Dillon offers public and private financing, M&A advisory and restructuring advisory services. M.M. Dillon’s team of experienced professionals provides execution capabilities for companies across a range of industry sectors. The firm’s senior banking professionals have a minimum of 20 years of experience with major Wall Street firms.