Randall Fojtasek, partner Brazos Private Equity Partners, have to decide whether to invest more money in the restaurant chain Cheddar, which the firm has invested in 10 months earlier. Additional investment will finance the real estate subsidiary, which will own the property on which the Cheddar built their stores, rather than its traditional approach of a sale and leaseback. As he considered the matter, Fojtasek have to decide how to evaluate the new shares, how to structure a deal to limit dilution of the firm, and how to manage individual issues. "Hide
by G. Felda Hardymon, Josh Lerner, Ann Leamon Source: Harvard Business School 23 pages. Publication Date: February 9, 2006. Prod. #: 806069-PDF-ENG