(Press Release) Nexxus Capital announced that it has signed the transaction documents of the acquisition of Inversionistas en Restaurantes de Carnes y Cortes, S. de R.L. de C.V. (“IRCC”), a subsidiary of International Meal Company Alimentação, S.A., a multibrand restaurant platform specialized in the casual dining sector.

The transaction includes La Mansión, Gino’s, Casa Ávila, Bistrot Mosaico and Champs Elysees.

IRCC operates 51 company owned and 24 franchised casual dining Restaurants, mainly in Mexico City with presence in 17 other states. The Company has well-positioned brands in the casual dining restaurant sector through 4 main brands: La Mansión, Gino’s, Casa Ávila and Bistrot Mosaico.

Subject to internal authorizations, the transaction would be carried out by Nexxus VI Trust and Nexxus Capital Private Equity VI, L.P. (“Nexxus VI”) directly or through Taco Holding, S.A.P.I. de C.V. (“Taco Holding”), a portfolio company of Fideicomiso Nexxus Capital IV and Nexxus Capital Private Equity Fund V, L.P. The transaction is expected to close in early 2016, once closing conditions have been met.