NEW YORK, December 18, 2012 -- Bruckmann, Rosser, Sherrill & Co. (“BRS”), a New York-based private equity firm, announces a distribution to its limited partners resulting from the recapitalization of DTLR (“DTLR” or the “Company”). DTLR, based in Hanover, Maryland, is a leading specialty retailer targeting the young urban male. The Company operates 84 stores in six regions: Atlanta, Baltimore, Chicago, the Carolinas, Virginia and Washington, D.C. DTLR is committed to the urban lifestyle and...

MIDDLEBOROUGH, MA and NEW YORK, NY, November 8, 2012 - Not Your Average Joe’s, Inc. (“NYAJ”) and Bruckmann, Rosser, Sherrill & Co. (“BRS”) announced today the completion of a growth investment in NYAJ through the issuance of convertible preferred stock. BRS led the round and existing shareholders also participated. The new capital will be used to support accelerated new unit development. Steve Silverstein, NYAJ founder and CEO, said, “We are thrilled to add BRS as a...

WICHITA, KANSAS - October 3, 2012 - Airxcel, Inc., a portfolio company of Bruckmann, Rosser, Sherrill & Co. ("BRS"), today announced that it has completed the acquisition of Maxxair Vent Corporation. Founded in 1989 by Allen Thomas, Maxxair is the leading supplier of ventilation solutions to the recreational vehicle aftermarket. The company’s flagship product, the Maxxair louvered vent cap cover, has sold over 2 million units since its introduction to the marketplace. “Airxcel is delighted to have...

NEW YORK and CHICAGO -- May 24, 2012 -- Bruckmann, Rosser, Sherrill & Co. (BRS) and GB Merchant Partners (GBMP), two private equity firms with extensive experience in the retail sector, announced today that they have completed the sale of Things Remembered Inc. for $295 million to Madison Dearborn Partners, a private equity firm with expertise in consumer focused companies. Things Remembered is a specialty retailer that sells personalized gifts for all occasions through its...

NEW YORK, March 9, 2012 -- Bruckmann, Rosser, Sherrill & Co. (“BRS”), a New York-based private equity firm, announced today the successful sale of its convertible preferred stock investment in Ruth’s Hospitality Group, Inc. (Nasdaq: RUTH) (“Ruth’s Hospitality” or the “Company”). Ruth’s Hospitality repurchased the convertible preferred stock in a transaction valued at $60.2 million. BRS realized a gross multiple of invested capital of approximately 2.6x and a gross internal rate of return of 60%...

NEW YORK, December 5, 2011 -- Bruckmann, Rosser, Sherrill & Co. (“BRS”), a New York-based private equity firm, announces a distribution to its limited partners resulting from the recapitalization of DTLR (“DTLR” or the “Company”). DTLR, based in Hanover, Maryland, is a leading specialty retailer targeting the young urban male. The Company operates 78 stores in six regions: Atlanta, Baltimore, Chicago, the Carolinas, Virginia and Washington, D.C. DTLR is committed to the urban lifestyle and...

NEW YORK, July 14, 2011 -- Bruckmann, Rosser, Sherrill & Co. (“BRS”), a New York-based private equity firm, is pleased to announce the sale of its remaining stake in Heritage Crystal-Clean, Inc. (“HCCI”). BRS also announces an additional distribution to its investors as a result of the successful recapitalization of its portfolio company totes»Isotoner (“Totes”). HCCI is a parts cleaning and waste services company servicing the automotive repair, commercial and industrial marketplaces. BRS acquired a significant...

NEW YORK, June 13, 2011 -- Bruckmann, Rosser, Sherrill & Co. (“BRS”), a New York-based private equity firm, announced today that it has completed the sale of Il Fornaio (America) Corporation (“Il Fornaio Corp.”) to Roark Capital Group. Il Fornaio Corp. is a leading operator of upscale Italian restaurants under the Il Fornaio brand and fast casual bakery cafes under the Corner Bakery Cafe brand. Il Fornaio Corp. also operates a state-of-the art bakery that...

NEW YORK, June 1, 2011 -- Bruckmann, Rosser, Sherrill & Co. (“BRS”), a leading New York-based private equity firm, announced today that it has completed the sale of portfolio company Wilson Farms, Inc. to 7-Eleven, Inc. BRS acquired Wilson Farms, an operator of convenience stores, in 2005 from Tops Markets, LLC, an operating division of Ahold, and, under BRS’s ownership, Wilson Farms’ net revenues and EBITDA grew significantly. The proceeds from the sale of Wilson Farms...