
Partners' ExperienceHoward Johnson franchisee operating properties (both lodging and restaurant) in the Carolinas in the 70’s. Served on the Board of Directors of national franchisees. (1976-1983)Carolina Pottery: Took it from inception to over $25MM in revenues. 83rd fastest growing company in US in 1988 (Inc. 500).
Factory Stores of America: Took REIT public. IPO of $96MM was followed with a secondary 6 months later of $123MM for acquisition of a competitor. Followed that with a structured debt offering (REMIC, S & P rated) of $80MM in the next year.
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