Garnett Station Partners (Garnett Station), a New York-based principal investment firm founded in 2013 by Matt Perelman and Alex Sloane that manages approximately USD1 billion of assets, has partnered with founder Michael Ho, CEO Robert McKinley and the management team to recapitalise and provide growth capital for Mambo Seafood (Mambo), a Houston-based Hispanic restaurant brand.
Financial terms of the deal have not been disclosed.
Mambo Seafood was founded in 1996 by Michael Ho. The Company operates 11 locations across the greater Houston area with growth plans throughout the Southwest.
Mastodon Ventures, Inc. represented Mambo Seafood as sell-side Investment Banker, the Dallas office of Munsch Hardt Kopf & Harr acted as legal advisor to Mambo.