HORNE Capital acts as advisor to MMI in Primos acquisition

HORNE Capital, a leading M&A advisory firm, served as transaction advisor to MMI Hospitality Group in its recent acquisition of Primos Café.

HORNE Capital served as buy-side advisor to MMI President Micajah Sturdivant and the company leadership team to ensure a smooth transition between the two parties.

MMI purchased the local, family-owned restaurants in early December.

“HORNE Capital is pleased to have represented the MMI group in what we believe will be a successful, long-term partnership,” HORNE Capital Partner Josh Edwards said. “The leadership teams of both companies are excellent, and we expect them to continue to serve their markets well.”

Sturdivant said in a statement that no immediate changes are planned for the cafes.

“We are honored to carry forward the café concept,” he said.

Primos has locations in Flowood, Ridgeland and Madison.

READ MORE OF OUR LATEST INSIGHTS

CAPITAL INSIGHTS IN YOUR INBOX

More Insights

HORNE Capital Serves as Financial Advisor to Physicians Surgery Group

HORNE Capital, a leading M&A advisory firm, recently advised Physicians Surgery Center of Jackson, Tennessee, in its successful sale to a nationally...

READ MORE

HORNE Capital Advises Mechanical Engineering & Construction Corporation Sale to CoolSys

HORNE Capital, a mergers and acquisitions advisory firm, recently served as the exclusive financial advisor to Mechanical Engineering & Construction...

READ MORE

Navigating the Changing Landscape of Healthcare Mergers and Acquisitions

Jarrod Barraza of HORNE Capital and Matt Wolf of RSM discuss evolving trends in the sector and their implications for the future of healthcare...

READ MORE

How Non-compete Bans and Legal Challenges Affect Business Value

The recent FTC ban on non-compete clauses is expected to impact business transactions differently depending on whether they involve smaller...

READ MORE

HORNE Capital Closes Sale of Piedmont Family Practice to UVA Health

HORNE Capital recently served as the exclusive financial advisor to Piedmont Family Practice, a family medicine clinic serving the Warrenton,...

READ MORE

Navigating the Healthcare Investment Market

With the first quarter behind us, we want to share some insights after talking with several healthcare investors since the beginning of the...

READ MORE

Talk to an expert today.