News and Press

MidOcean Partners Announces Completion of Sbarro, Inc. Acquisition For $450 Million

New York. NY, January 31. 2007 - MidOcean Partners, a premier private equity firm with of?ces in New York and London, today announced that it has completed the previously announced acquisition of Sbarro, lnc., the world’s leading quick service Italian restaurant concept. The transaction is valued at approximately $450 million.

Rob Sharp, a Partner at MidOcean, said, “We are very pleased to have so efficiently completed this transaction and we are excited that this outstanding brand is new part of the MidOcean family of businesses. We look forward to our partnership with CEO Peter Beaudrault and his management team. We believe that there is significant growth potential both in the U.S. and around the world.”

About MidOcean Partners
MidOcean Partners is a premier private equity firm focused on the middle market. With offices in New York and London, MidOcean is committed to investing in high quality companies with stable market positions and multiple opportunities for growth. Targeted sectors include consumer and leisure, media and communications, business and financial services and industrials. MldOcean utilizes a broad foundation of expertise in its focus industries and its transatlantic platform to create value for its investors and partners.

About Sbarro
Over the past live decades. Sbarro has grown into the world’s leading quick service Italian restaurant concept with approximately 1,000 locations across 34 countries and 11,000 employees. Sbarro restaurants feature a broad menu of authentic, quality Italian food prepared fresh daily, offering its customers a compelling alternative to traditional fast food. The company’s units are located in high-pedestrian-traffic locations such as shopping malls, downtown areas, airports, casinos and universities. For more information, visit www.sbarro.com.


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