LRG Capital Group Names Shah Bahreyni as Managing Director of Newly Formed Hospitality...

LRG Capital Group Names Shah Bahreyni as Managing Director of Newly Formed Hospitality Group

LARKSPUR, Calif.--(Business Wire)--
LRG Capital Group, LLC, a global merchant bank which specializes
in private equity, real estate, and secured debt financing, as well as
financial advisory services to public and private companies, announced
today the appointment of Shah Bahreyni as the Managing Director of the
newly formed LRG Capital Hospitality Group (LRG Hospitality). The
Group will provide full-service strategic and financial advisory
services to companies in the restaurant, food and beverage industries.

According to Lawrence Goldfarb, CEO of LRG Capital Group, "We
formed the LRG Capital Hospitality Group in response to companies in
the restaurant, food and beverage sector coming to us in need of
strategic and financial advisory services on mergers and acquisitions,
restructurings and recapitalizations, as part of a focused subset of
our LRG Capital Advisory Group offering. With Shah in place as
Managing Director, his tremendous hands-on experience in senior
executive, owner and buy/sell side advisory roles of hospitality
companies allows us to maximize our strategic value to our clients."

Mr. Bahreyni brings over 20 years of experience in the hospitality
industry to LRG Capital Group. He is recognized as a trend and concept
leader through his ability to comprehensively analyze restaurant
concepts, scalability and financial standings. He has launched
successful restaurants (Boca Steak & Seafood, Sabella's Italiana
Market, Ondine Private Events & Restaurant, Faz Bistro, Toast) and
turned others around (Horizon, Tutto Mare, A. Sabella's), in his role
as General Manager, Director of Operations and/or Proprietor.

As Director of Operations of Constellation Concepts (California
Cafe Group) from 2001-2004, Mr. Bahreyni restructured the Horizons and
Ondine restaurants, taking them to number one and two, respectively,
in sales and profits out of 21 restaurants in 18 months. Previously,
Mr. Bahreyni worked for highly recognized restaurant organizations
such as the American Restaurant Group/Spectrum Foods division, Faz
Restaurant Group and A. Sabella's Restaurants.

The entire LRG Hospitality team brings a wide range of advisory
and hospitality experience. Each of the LRG Hospitality professionals
have more than 15 years of experience advising companies through their
roles as hospitality executives and restaurant owners, Wall Street
investment bankers, lawyers and management consultants. Collectively,
LRG Capital Group professionals have provided advisory services on
more than 300 transactions that total over $75 billion in value.

ABOUT LRG CAPITAL GROUP

LRG Capital Group (www.lrgcapital.com) is a global merchant bank
that specializes in private equity, real estate, hospitality and
secured debt financing, as well as financial-advisory services, to a
diverse range of publicly traded and private companies. With offices
in San Francisco, New York and Miami, the firm represents companies on
equity and debt placements, restructurings, recapitalizations,
management buyouts and other strategic alternatives. LRG Capital Group
is also the investment manager for LRG Capital Funds, which include
the BayStar Capital III Fund. Additionally, the firm invests in and
owns various entertainment interests, as well as U.S. and foreign real
estate assets including derivative interests in real estate securities
and real estate development projects and properties.

LRG Capital Group, LLC
Alexis Banducci, 415-834-4664
abanducci@lrgcap.com

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