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.
About HORNE Capital: HORNE Capital is a Mississippi-based investment banking firm that specializes in sell-side transaction advisory services from operational consulting through deal negotiation and due diligence. HORNE Capital serves founders and entrepreneurs in emerging growth and middle market companies. hornecapital.com
About MMI Hospitality Group. MMI Hospitality Group is a private investment partnership founded in 1956. It is focused on service industry businesses engaged with guests across the Southeast. Today, three divisions offering locally appreciated, nationally respected hospitality services stand on the commitment to familial values established generations ago.