Restaurants & Hospitality Acquisitions in 2012

K1 Speed Inc., the largest national operator of indoor kart racing facilities, announced it will acquire Race Place Motorsports, Inc. (RPM Indoor Kart Racing) in Sacramento, California. The transaction adds K1 Speed’s 13th nationwide location (and its 3rd in Northern California); the Sacramento facility will convert from gas karts to electric karts and is scheduled to close on December 1, 2012.

Tamarix Equity Partners and Pacific General Holdings completed a strategic investment in Playa Bowls LLC to support the fast‑growing healthy‑food franchise. Southfield Mezzanine provided subordinated debt and equity financing to support the transaction; Playa Bowls operates 125+ stores nationwide (majority franchised) and will use the capital to fuel growth and expansion.