Long Point Capital Portfolio

The Saxton Group

www.thesaxtongroup.com

Business Description

The Saxton Group is the largest McAlister’s Deli franchisee in the nation with over 50 McAlister’s Deli locations in Texas, Oklahoma, Kansas, and Missouri.

Transaction Overview

Long Point Capital invested in Saxton through a PE+ESOP Recapitalization structure, where the owners of the Company monetized the majority of the illiquid value contained in the business through a sale to an ESOP, while continuing to retain a significant ownership interest in the Company and maintaining operational control along with the existing management team.

Post-Transaction

The Saxton Group continued its strong growth by actively expanding the McAlister's Deli brand and opening as many as 6 new locations each year. Long Point Capital sold its investment back to the Company through a leveraged recapitalization.

Contact

Eric Von Stroh: 212-593-1800 / evonstroh@lpcfund.com
Ira Starr: 212-593-1800 / istarr@lpcfund.com
Norm Scherr: 248-591-6000 / nscherr@lpcfund.com