Goldman Sachs Urban Investment Group Announces Alliance with James E. Boyd, Jr.Seeking Opportunities to Build a Leading Restaurant Platform NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. Urban Investment Group (UIG UIG Uighur (ISO language code, aka UG) UIG Utility Industry Group UIG Universal Industrial Gases, Inc. (Easton, PA) UIG Underground Injection Control UIG User Information Group ) today announced that it has entered into an alliance with restaurant executive James E. Boyd James E. Boyd (1834 – 1906) was an Irish-born American politician. He was the Mayor of Omaha, Nebraska from 1881 to 1883 and from 1885 to 1887, and the governor of the state of Nebraska in 1891 and from 1892 – 1893. , Jr. Through this agreement, Boyd and UIG will work together to identify and assess potential acquisition opportunities in the fast casual and quick service restaurant industry, targeting sizeable concepts and multi-unit franchise groups with potential to grow through franchising and company development. Boyd has over 25 years of experience in all aspects of company and franchise restaurant operations, management, development and construction. Boyd spent 12 years in management at Popeyes, including several years as Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , where he was responsible for planning and directing Popeyes' company and franchise operations. Additionally, Boyd served as SVP SVP S'il Vous Plaît (French: Please) SVP Senior Vice President SVP Schweizerische Volkspartei (Swiss People~s Party) SVP Society of Vertebrate Paleontology SVP Social Venture Partners SVP St Vincent de Paul - Restaurant Operations for Kmart, where he successfully managed over 1700 restaurants and created the successful Famous Eddies concept. Most recently, Boyd was President of Quiznos Canada. "I look forward to the opportunity to build upon my past experiences and to continue providing exceptional service to customers within the food service industry," comments Boyd. "By entering into this agreement with the Goldman Sachs Urban Investment Group, I now have the capital to pursue significant acquisitions." Goldman Sachs Vice President Precious Williams comments, "UIG is attracted to James Boyd because of his distinguished background within the restaurant industry. We are enthusiastic to be pursuing opportunities that can capitalize on his broad food service experience and UIG's track record." Williams continues, "We believe we can build a leading restaurant platform." Since 2003, UIG has made several investments based upon this model of partnering with successful minority executives and entrepreneurs. Chuck James, a veteran food industry CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and operator, joined forces with UIG in 2003 to pursue opportunities in the food industry. That deal resulted in the acquisition of a 37-store platform in November 2004 and a 6-store add-on in April 2006, creating the largest African-American owned franchisee in the Burger King system, C.H. James Restaurant Holdings, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ("CHJRH"). CHJRH has since been recognized as a high performing franchisee and received numerous awards, including the 2007 Burger King Brand Leadership Award. About Goldman Sachs Urban Investment Group: The Goldman Sachs Urban Investment Group is part of the Merchant Banking Division within The Goldman Sachs Group, Inc. (NYSE NYSE See: New York Stock Exchange : GS), that invests growth capital in ethnic minority-owned or targeted businesses and urban real estate. Founded in 1869, Goldman Sachs is a leading, global investment banking, securities and investment management firm. The firm is headquartered in New York and maintains offices in Atlanta, Miami, Chicago, Houston, San Francisco and Los Angeles. To learn more about the Goldman Sachs Urban Investment Group, please visit www.gs.com/uig. |
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