Willkie represented The CapStreet Group in the transaction.
The CapStreet Group, LLC has completed the majority recapitalization of CRS Texas and its affiliated businesses to form CRS Solutions (“CRS” or the “Company”). CapStreet is partnering with existing shareholders Brian Smith and Matt Hoeg who will continue to lead the business under the CRS name as Chief Executive Officer and President, respectively.
Founded in 1972 and headquartered in Houston, Texas, CRS is a technology-enabled provider of comprehensive point-of-sale (“POS”) solutions to established single and multi-unit operators in the restaurant, retail, and other hospitality end markets. CRS delivers its highly customized front-of-the-house technology solutions through a recurring service and solutions model for merchants who have complex service needs.
The CapStreet team for the CRS investment included Neil Kallmeyer, Kevin Johnson and Natalie Masin.
Willkie advised CapStreet with Bruce Herzog (Picture) and Angela Olivarez, and included associates Garrett Johnston, Ryan Cicero and Colin Mize.
Law Firms: Willkie Farr & Gallagher;
Clients: CapStreet Group;