Pharos Capital Sells Back Yard Burgers

We represented Pharos Capital Group in its sale of Back Yard Burgers to Axum Capital Partners. Back Yard Burgers owns 23 stores and has franchised 32 stores. Pharos had been an owner of Back Yard since 2007, when it partnered with other investors to pay $38 million to take the company private, and became its majority owner post-bankruptcy.

Pharos Capital Group is an SEC Registered Investment Advisor. Since inception, Pharos has invested in 51 companies and currently has over $750 million of private equity assets under management.

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