Balmoral Funds Announces Investment in MOOYAH

Los Angeles, CA – April 28, 2017 – Balmoral Funds LLC (“Balmoral”), a leading lower-middle-market private equity firm, announced that a newly-formed entity, together with affiliates (“MOOYAH,” or the “Company”), has acquired substantially all of the assets of MOOYAH Holdings, LLC and its subsidiaries in partnership with  Anand Gala, a 30 year restaurant industry veteran, and management, led by Michael Mabry.
MOOYAH is a Plano, TX-based franchisor of fast-casual “MOOYAH” branded restaurants offering fresh, customizable burgers, hand cut fries, and real ice cream milkshakes to customers worldwide. The Company is a global brand with 93 locations spanning 10 countries, including 73 stores in the U.S. and 20 international stores. MOOYAH’s ongoing growth and success is driven by its strong network of franchisees who value MOOYAH’s global brand, proven economic model and passionate, committed leadership team.
Led by Chairman Anand Gala and President Michael Mabry, MOOYAH will focus on expanding its base of experienced, entrepreneurially-minded franchisees while providing high quality food and service to its customers. Mr. Gala will provide MOOYAH with strategic guidance, operational support and deep industry relationships developed over decades as a restaurant franchisee and investor. “I’ve watched MOOYAH develop for years and am excited to be investing in its future,” said Mr. Gala. “The support provided by Balmoral and Mr. Gala provides us with resources to grow MOOYAH’s brand, footprint and service offering worldwide,” added Mr. Mabry.
“We’re thrilled to partner with Mr. Gala and MOOYAH management on this transaction,” said David Shainberg, a Vice President at Balmoral. “MOOYAH’s management team is talented, experienced and dedicated and its clear why satisfaction with MOOYAH’s brand and leadership team is high.”
About Balmoral Funds
Balmoral is a Los Angeles, CA based private equity fund that was founded in 2005. Balmoral currently has more than $200 million of assets under management and focuses on partnering with talented and committed management teams to invest in and revitalize companies. Balmoral typically invests in companies that have revenues between $30 to $300 million and require equity investments of $5 to $30 million.
For more information please contact:
David Shainberg
Vice President
(310) 469-5772
About Anand Gala and Gala Capital Partners
Anand Gala is the Founder and Managing Partner of Gala Capital Partners, a diversified investment company with operations in consulting, restaurant development and management, and real estate development and investment. He has spent the past 30 years in various executive capacities within the restaurant industry, including as a franchisee, developer and investor in brands such as Jack in the Box, Applebee’s, Famous Dave’s, and Del Taco.
For more information please contact:
Anand Gala
Managing Partner