Uncommon Equity Acquires HopCat (Project BarFly, LLC)
October 29, 2025
Chicago-based private investment firm Uncommon Equity LLC has acquired Grand Rapids-based Project BarFly, LLC, which does business as HopCat, a regional casual dining and craft-beer restaurant group operating 12 Michigan locations and one in Lincoln, Nebraska. Financial terms were not disclosed; senior debt was provided by OakNorth Bank PLC and Rob Selati will participate as a strategic investor through Saxonwold Capital as part of the new ownership group.
- Buyers
- Uncommon Equity LLC, Saxonwold Capital
- Targets
- Project BarFly, LLC (d/b/a HopCat), HopCat
- Industry
- Restaurants & Hospitality
- Location
- Michigan, United States
- Transaction Type
- Buyout
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