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Contact Us
Darren Gange
Managing Director
New York
Darren Gange
Josh Benn
Head of Americas M&A Advisory and Global Head of Consumer Corporate Finance
New York
Josh Benn
On September 9, 2020, TooJay’s Management LLC (“TooJay’s" or the "Company"), a Florida-based deli-style restaurant concept, sold substantially all of its assets to the Company’s senior secured lender, pursuant to Section 363 of the U.S. Bankruptcy Code. TooJay’s filed for Chapter 11 bankruptcy protection in April 2020 as a result of the impact of the coronavirus pandemic.
Duff & Phelps served as the exclusive financial advisor to TooJay’s in connection with the §363 sale transaction.
About TooJay’s
Founded in 1981 and headquartered in West Palm Beach, Florida, TooJay’s is a regional, neighborhood-favorite deli-style restaurant concept serving authentic recipes and classic, timeless flavors of a traditional New York deli served with genuine hospitality. The Company operates more than 20 locations and serves guests in Palm Beach and Broward counties, the Treasure Coast, the West Coast of Florida, the Orlando area, the Villages, and Polk county. TooJay’s specializes in serving generous portions of homemade comfort foods, sliced-to-order sandwiches, and made-from-scratch soups, salads, and baked goods. Berger Singerman served as legal advisor to TooJay’s.
Other Areas We Can Help
Corporate Finance
Comprehensive support throughout mergers and acquisitions and other corporate finance transactions.
Distressed M&A and Special Situations
Financial and operational solutions for distressed and special situations.
Transaction Advisory Services
Enable buyers, sellers and lenders to maximize value throughout the transaction process.
Fairness and Solvency Opinions
Fulfill your fiduciary responsibilities when considering many corporate transactions.
Private Capital Markets
Senior, subordinated and mezzanine debt and venture/private equity for a wide range of transactions.
Comprehensive Due Diligence Solution
Comprehensive diligence support primarily in the areas of tax, compliance and regulatory, operations, financial and accounting, investigations and disputes and cyber/IT risk.