EX-99.2
5
a06-20315_1ex99d2.htm
EX-99
Ex-99.2
FOR IMMEDIATE RELEASE
CONTACT:
Julie Hall
On Behalf of Bertucci's
617-536-3300
BERTUCCI'S CORPORATION ANNOUNCES PURCHASE OF
VINNY T'S OF BOSTON RESTAURANT CHAIN
BUCA Inc. to Sell Italian Restaurant Chain
NORTHBOROUGH,
MA-September 25, 2006
- Bertucci's Corporation announced today it has
acquired 11 Vinny T's of Boston restaurants from BUCA, Inc. (NASDAQ:
BUCA). The Bertucci's Brick Oven
Ristorante and
Vinny T's of Boston
brands will
be managed separately, while leveraging Bertucci's infrastructure and operating
excellence.
"Bertucci's and
Vinny T's of Boston
are both proven restaurant concepts with
strong customer loyalty and distinct offerings in the Italian dining segment,"
said Stephen Clark, CEO and Vice Chairman of Bertucci's Corporation. "This acquisition is reflective of the
business momentum the Bertucci's brand has achieved the past two years and will
allow
Vinny T's of Boston
the opportunity to
achieve similar growth".
Bertucci's is one of
several holdings of New York-based private equity firm Jacobson Partners. "We are excited about this acquisition and it's
potential for our shareholders", added Benjamin R. Jacobson, Managing Partner
of Jacobson Partners. "We are confident
that the Bertucci's management team can add substantial value to the Vinny T's
brand."
About
Bertucci's Brick Oven Ristorante
In 1981,
Bertucci's Brick Oven Ristorante started in Somerville, Mass. as a place for
friends, family and neighbors to gather.
Today Bertucci's operates 92 casual dining restaurants in eleven states
and the District of Columbia. Modeled on
the original pizzerias and trattorias of Italy, Bertucci's features a relaxing
Tuscan atmosphere specializing in a wide assortment of regional authentic
pasta, chicken, veal and seafood dishes, salads and premium brick oven pizza.
(more…)
About Vinny T's of Boston
Vinny T's of Boston
is inspired by the neighborhood Italian family-style restaurants found in
Boston's North End, Manhattan's Little Italy, and South Philadelphia circa 1945.
Vinny T's
,
formerly known as
Vinny Testa's,
opened in 1993 and
was acquired by
BUCA, Inc.
, in 2002. There are currently eight
Vinny T's
locations in the Greater Boston area, one location
just outside of Philadelphia, one in Manchester, Connecticut and one in South
Portland, Maine.
About Jacobson Partners
Jacobson Partners, based
in New York, is focused on investments in non-core divisions of large
corporations and other middle market companies where it can create value
through the involvement of its operating partners. With interests in companies in a broad range
of industries, including restaurants and manufacturing, current investments
include Bertucci's, FPC Flexible Packaging Corporation, TUG and FormTech
Industries.
Statements that are not historical
facts contained in this release are forward-looking statements that involve
risk and uncertainties, and actual results could vary materially from the
descriptions contained herein due to many factors, including, but not limited
to: product demand and market acceptance risks; the effect of economic
conditions; the impact of competitive products and pricing; the results of
financing efforts; the effect of the Company's accounting policies and other
risk detailed in the Company's filings with the Securities and Exchange
Commission.
# # #

EX - 99 . 2 5 a06 - 20315 _ 1ex99d2 . htm EX - 99 Ex - 99 . 2 FOR IMMEDIATE RELEASE CONTACT : Julie Hall On Behalf of Bertucci 's 617 - 536 - 3300 BERTUCCI 'S CORPORATION ANNOUNCES PURCHASE OF VINNY T 'S OF BOSTON RESTAURANT CHAIN BUCA Inc . to Sell Italian Restaurant Chain NORTHBOROUGH , MA - September 25 , 2006 - Bertucci 's Corporation announced today it has acquired 11 Vinny T 's of Boston restaurants from BUCA , Inc . ( NASDAQ : BUCA ) . The Bertucci 's Brick Oven Ristorante and Vinny T 's of Boston brands will be managed separately , while leveraging Bertucci 's infrastructure and operating excellence . " Bertucci 's and Vinny T 's of Boston are both proven restaurant concepts with strong customer loyalty and distinct offerings in the Italian dining segment , " said Stephen Clark , CEO and Vice Chairman of Bertucci 's Corporation . " This acquisition is reflective of the business momentum the Bertucci 's brand has achieved the past two years and will allow Vinny T 's of Boston the opportunity to achieve similar growth " . Bertucci 's is one of several holdings of New York - based private equity firm Jacobson Partners . " We are excited about this acquisition and it ' s potential for our shareholders " , added Benjamin R . Jacobson , Managing Partner of Jacobson Partners . " We are confident that the Bertucci 's management team can add substantial value to the Vinny T 's brand . " About Bertucci 's Brick Oven Ristorante In 1981 , Bertucci 's Brick Oven Ristorante started in Somerville , Mass . as a place for friends , family and neighbors to gather . Today Bertucci 's operates 92 casual dining restaurants in eleven states and the District of Columbia . Modeled on the original pizzerias and trattorias of Italy , Bertucci 's features a relaxing Tuscan atmosphere specializing in a wide assortment of regional authentic pasta , chicken , veal and seafood dishes , salads and premium brick oven pizza . ( more … ) About Vinny T 's of Boston Vinny T 's of Boston is inspired by the neighborhood Italian family - style restaurants found in Boston 's North End , Manhattan 's Little Italy , and South Philadelphia circa 1945 . Vinny T 's , formerly known as Vinny Testa 's , opened in 1993 and was acquired by BUCA , Inc . , in 2002 . There are currently eight Vinny T 's locations in the Greater Boston area , one location just outside of Philadelphia , one in Manchester , Connecticut and one in South Portland , Maine . About Jacobson Partners Jacobson Partners , based in New York , is focused on investments in non - core divisions of large corporations and other middle market companies where it can create value through the involvement of its operating partners . With interests in companies in a broad range of industries , including restaurants and manufacturing , current investments include Bertucci 's , FPC Flexible Packaging Corporation , TUG and FormTech Industries . Statements that are not historical facts contained in this release are forward - looking statements that involve risk and uncertainties , and actual results could vary materially from the descriptions contained herein due to many factors , including , but not limited to : product demand and market acceptance risks ; the effect of economic conditions ; the impact of competitive products and pricing ; the results of financing efforts ; the effect of the Company 's accounting policies and other risk detailed in the Company 's filings with the Securities and Exchange Commission . # # #