Padua Law Firm represented BB’s Café in its private offering of equity securities for its new restaurant in Pearland Texas, its sixth location in the Houston, TX area.
The issuer for the private placement offering that closed and fully funded in March 2016 is Pearland Tex-Orleans, Ltd. The offering successfully raised equity capital from accredited investors who are supportive of the unique Tex-Cajun brand. Pearland residents can expect to enjoy BB’s po-boys, seafood platters, and the signature Tex-Cajun Virgin poutine at the new location in the very near future.
Seasoned restaurateurs, like longstanding PLF client BB’s Café, know the importance of hiring an experienced corporate attorney well-versed in private placements to help with all aspects of the capital raising process. First-time restaurateurs need to be wary to avoid common pitfalls and risks and should consult with an experienced attorney to make the private placement process as smooth as possible.