Good Lifestyle

Midwestern Restaurant and Beer Bar Chain Hopcat, known for its impressiveartisanal beer The selection was justbrought bankruptcy by a private capital company.

The investment partners congruents and the capital of the main street have recently bought Hopcat for $ 17.5 million with Grand Rapids Brewing Company and Stella's Sisters. The new company has been named Barfly Project.

"The company was worth saving," said CEO of Barfly Ned LidvallEat this, not that! "We have resilient restaurants, a phenomenal staff and close links in the community. We will bounce back."

As indicated byDetroit eater,Previous Owner Barfly Ventures filed in chapter 11 Protection against bankruptcy in June to allow Hopcat to "financially restructure its activities and offer a plan to remain theoretically open." According tothe exit, HOPCAT launched aggressive expansion in 2015, with opening projects of 30 new gastropububes. Eleven locations are currently open or in the process of reopening in the Midwest. (In touch:9 restaurant chains that have closed hundreds of locations this summer)

"We are very familiar with our experiences in the last five years. We firmly believe in every restaurant concept and we intend to refer the company's goal to the provision of a single customer experience to The class ", Travis Baldwin, founder of investment partners, said in a statement toBusiness News Restaurant. "Our goal is to focus the efforts around the key markets of society and to ensure that Hopcat, Stella's and Grand Rapids Brewing Society remain a thriving part of these communities."

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