Christopher R. Thomas, president and CEO of Restaurant Acquisition Partners, Inc. (RAQP.OB-OTC Bulletin Board), doesn’t mince words when he says what Restaurant Acquisition Partner is looking for. “We have rounded up our capital and are looking to purchase a chain with a quality concept, a track record of sales and earnings performance and an excellent potential to grow,” Thomas said. “There are plenty of excellent emerging concepts that need capital to grow and there is less competition in this marketplace since most private equity funds seek transactions of $100 million and up.”
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