CapitalSpring

<a href="http://cts.businesswire.com/ct/CT?id=smartlink&amp%3Burl=http%3A%2F%2Fwww.buddyspizza.com%2F&amp%3Besheet=51737196&amp%3Bnewsitemid=20180103005824&amp%3Blan=en-US&amp%3Banchor=Buddy%27s+Pizza&amp%3Bindex=1&amp%3Bmd5=1e24c05208be11a932c3816ff8a7eaa3&utm_source=1851franchise.com&utm_medium=article&utm_campaign=capitalspring-completes-significant-investment-in-buddys-pizza-to-accelerate-iconic-restaurants-growth-2710059" target="_blank" rel="nofollow" target="_blank">Buddy&rsquo;s Pizza</a>&nbsp;(&ldquo;Buddy&rsquo;s&rdquo; or the &ldquo;Company&rdquo;), the restaurant that introduced The Original Detroit Style Square Pizza, and&nbsp;<a href="http://cts.businesswire.com/ct/CT?id=smartlink&amp%3Burl=http%3A%2F%2Fwww.capitalspring.com%2F&amp%3Besheet=51737196&amp%3Bnewsitemid=20180103005824&amp%3Blan=en-US&amp%3Banchor=CapitalSpring&amp%3Bindex=2&amp%3Bmd5=4506abc785ad1bc94552737fa9a988e0&utm_source=1851franchise.com&utm_medium=article&utm_campaign=capitalspring-completes-significant-investment-in-buddys-pizza-to-accelerate-iconic-restaurants-growth-2710059" target="_blank" rel="nofollow" referrerpolicy="unsafe-url" target="_blank">CapitalSpring</a>, a leading private investment firm focused exclusively on the branded restaurant industry, announced a partnership to recapitalize the Company and accelerate new store growth across the Midwest and beyond. Terms of the transaction were not disclosed.

Founded in 1946 in Detroit, Buddy&rsquo;s is widely recognized as the originator of Detroit-style pizza, with its signature square pie. Prepared in square, blue steel pans originally used to hold nuts and bolts on Detroit&rsquo;s automotive assembly lines, Buddy&rsquo;s Pizza is authentically Detroit. The Company operates 12 restaurants throughout the Motor City and surrounding area and is set to open its&nbsp;13th&nbsp;location, a full-service eatery at the Detroit Zoo, this spring. Beyond being a local favorite for generations, Buddy&rsquo;s has earned numerous top ten pizza awards and has been celebrated nationally for its outstanding pizza and strong community involvement across Detroit.

&ldquo;We are thrilled to support the Buddy&rsquo;s team and look forward to working together to grow the brand over the coming years,&rdquo; said Erik&nbsp;Herrmann, Managing Director at&nbsp;<a href="https://1851franchise.com/capitalspring/info/index.html" target="_blank">CapitalSpring</a>. &ldquo;It&rsquo;s rare to find a restaurant concept with such signature food, deep-rooted brand equity, and passionate customers, and we are honored to be their partner in accelerating the business.&rdquo;

&ldquo;This partnership is a significant opportunity for us to introduce Buddy&rsquo;s iconic pizza, rich culture and community roots to new customers in Detroit and beyond,&rdquo; said Robert Jacobs, CEO of Buddy&rsquo;s. &ldquo;We are extremely excited for this new chapter and to have found a partner that can not only maintain our commitment to quality food and an exceptional guest experience, but also offer substantial restaurant expertise.&rdquo;

Deloitte Corporate Finance, LLC served as lead financial advisor, and&nbsp;Jaffe&nbsp;Raitt&nbsp;Heuer&nbsp;&amp; Weiss served as legal advisor to Buddy&rsquo;s in connection with the transaction.&nbsp;CapitalSpring&nbsp;was represented by Latham &amp; Watkins and&nbsp;Federman&nbsp;Steifman.

&nbsp;

&nbsp;

CapitalSpring Completes Significant Investment in Buddy’s Pizza to Accelerate Iconic Restaurant’s Growth

1851 Franchise

Investment Group and Pizza Franchise plan to drive growth in 2019

capitalspring-completes-significant-investment-in-buddys-pizza-to-accelerate-iconic-restaurants-growth

FRANCHISE INFORMATION

Contact

About CapitalSpring

Latest News

How Emerging Brands Can Accelerate Growth

Learn

Visit Website

CAPITALSPRING

LinkedIn

SOCIAL MEDIA

Alloy Personal Training Announces Strategic Partnership with CapitalSpring to Accelerate National Growth

How CapitalSpring Is Fueling Prime Pizza's Next Era of Expansion

How CapitalSpring Is Powering the Next Era of Growth for Café Yumm!

CAPITALSPRING MOST READ STORIES

1851 LOGIN

GROWTH CLUB LOGIN

ABOUT CAPITALSPRING

CONTACT CAPITALSPRING

linkedin

First Name

Last Name

Email

Phone

Company

City

State / Province

Zip Code

Comments

Contact CapitalSpring

how-capitalspring-is-fueling-prime-pizza-next-era-of-expansion

How CapitalSpring Helped Bushfire Kitchen Double in Size

how-capitalspring-helped-bushfire-kitchen-double-in-size

how-capitalspring-is-powering-the-next-era-of-growth-for-cafe-yumm

CapitalSpring Hits $505M in First Close of $1B Fund VII

closes-505m-fund

<a href="https://alloyfranchise.com/">Alloy Personal Training</a> has secured a growth investment from&nbsp;<a href="https://www.capitalspring.com/">CapitalSpring</a> as the boutique personal training brand looks to expand its national footprint.Founded in 1992 by&nbsp;<a href="https://www.linkedin.com/in/teamalloy/">Rick Mayo</a>, Alloy today operates more than 135 franchise locations in 38 states. The brand opened 61 gyms in 2025 after adding 46 locations the year before and now has agreements in place for roughly 400 additional units. Leadership has said the long-term vision is to grow to 800 locations by 2030 with support from&nbsp;<a href="https://1851franchise.com/capitalspring/info">CapitalSpring</a>.“It was time to go in this new direction and see how big we can grow this thing,” Mayo said. “We used to be a speedboat, moving really fast to keep things growing, and now we’re a bit of a cruiser with a great strategic partner helping guide us to the next level. I have no doubt that we found the right partner with CapitalSpring.”&nbsp;Mayo said the decision to partner with CapitalSpring was driven by a desire to add financial sophistication, marketing support and strategic oversight while continuing to operate the business as it does today. There are no planned leadership changes, and Alloy’s boutique personal training model will remain intact.CapitalSpring leaders say Alloy fits the firm’s investment profile, citing strong unit-level economics, disciplined operations, and a differentiated concept in the boutique fitness space. The firm plans to support the brand with resources, analytics and real estate data to help accelerate expansion in a thoughtful, sustainable way.The partnership marks another franchise-focused investment for CapitalSpring as the firm continues to deploy capital across consumer and service-based brands.Read the full article&nbsp;<a href="https://www.franchisetimes.com/franchise_mergers_and_acquisitions/personal-training-franchise-to-accelerate-growth-with-investment-from-capitalspring/article_ced0775c-b00e-449b-8b70-afaecb79fed9.html">here</a>.For more information on CapitalSpring, visit:&nbsp;<a href="https://1851franchise.com/capitalspring/info.">https://1851franchise.com/capitalspring/info.</a>&nbsp;

Franchise Times: Alloy Personal Training Backed by CapitalSpring to Fuel Franchise Growth

CapitalSpring’s investment is designed to help the brand grow nationally while keeping its leadership and training approach in place.

franchise-times-alloy-personal-training-backed-by-capitalspring-to-fuel-franchise-growth

CapitalSpring Completes Significant Investment in Buddy’s Pizza to Accelerate Iconic Restaurant’s Growth

MORE STORIES LIKE THIS