Day: October 27, 2020

Private Equity Firm Buys Michigan Beer Bar Chain Hopcat Out of Bankruptcy for $17.5M

A private equity firm has scooped beer bar chain Hopcat out of bankruptcy. Under the entity Project BarFly LLC, Congruent Investment Partners and Main Street Capital bought the restaurant chain and its sibling establishments Stella’s and Grand Rapids Brewing Company for $17.5 million. Facing mounting debt and a challenging, pandemic-strained …

Chicago Halts Indoor Dining Once Again

Starting Friday, October 30, indoor dining will once again be off the table in Chicago. The governor’s office announced the suspension of indoor dining and a reduction in the maximum size of gatherings to 25 people in response to the city’s growing positivity rate, which has nearly doubled since the …

Trump Teases an ‘EPIC’ Election Night Party at His D.C. Hotel Despite Capacity Limits

Despite D.C.’s ongoing COVID-19 restrictions on large gatherings, President Donald Trump’s campaign has teased plans to host a party for election night on Tuesday, November 3, at the Trump International Hotel downtown. Fundraising emails from Donald Trump Jr. include details on a “sweepstakes” to fly a supporter to D.C. for …