Citizens Bank has acted as left lead arranger and administrative agent on a $74 million credit facility for Barteca Holdings.

In conjunction with the financing, Norwalk, CT-based Barteca Holdings also received a minority investment from growth equity firm General Atlantic. General Atlantic joins existing investor Rosser Capital Partners, a private investment firm focused on investing in restaurant, consumer and retail companies. The credit facility refinanced the company’s existing indebtedness and includes a sizable development line, which will be used to build multiple new restaurants.

Founded in 1995 by Chief Executive Officer Andy Pforzheimer and Creative Director Sasa Mahr-Batuz, Barteca Holdings is the parent company of restaurants Barcelona Wine Bar and Bartaco. Barcelona Wine Bar and Bartaco each operate in 10 locations.

Jacob Organek, co-founder and partner of Rosser Capital Partners, said, “Citizens Bank’s Restaurant Finance team has been tremendous in helping accelerate Barteca’s growth over the last several years. We are excited to further expand our partnership through this new financing, and for the new investment from General Atlantic.”

Citizens Bank’s Restaurant Finance group is a focused on meeting the capital needs of multi-unit restaurant owners nationwide including franchisors, franchisees, chain restaurants and sponsor-owned restaurant operating companies.