Daily News: April 3, 2014

Triangle Capital Closes $13MM Investment in Café Enterprises

Triangle Capital announced that it closed a $13 million investment in Cafe Enterprises consisting of subordinated debt and equity.

Cafe owns and operates Fatz Cafe restaurants throughout the southeastern U.S., as well as Tablefields in Greenville, SC, and Tavern 24 in Gastonia, NC.

Raleigh, NC-based Triangle Capital invests in established companies in the lower middle market to fund growth, changes of control and other corporate events.