Deloitte Corporate Finance acted as the exclusive financial advisor to Detroit-based Buddy’s Holding Company (Buddy’s Pizza) on its partnership with CapitalSpring, a private investment firm focused exclusively on the branded restaurant industry.

The transaction closed Dec. 31, 2017.

Buddy’s Pizza has served Detroit since its founding in 1946 and has received a number of awards and accolades from notable food critics and media sources, including being named one of “America’s Top 5 Pizza Places” by The Food Network.

“The team at Buddy’s Pizza delivers a high-quality product and experience to its customers in the Detroit area. This nationally-recognized business is committed to continually improving its craft while always staying true to the product and its Detroit heritage,” said Matt Preece, managing director, lead – U.S. consumer and retail investment banking, Deloitte Corporate Finance.