Timing is everything and a private equity firm came calling just as COVID-19 prompted Mike Hackley to consider selling his successful BBQGuys business.
U.S. Reps. Garret Graves, R-Baton Rouge, and Cedric Richmond, D-New Orleans, are the latest members of the Louisiana congressional delegation to push for efforts to help victims of the Stanford Group Ponzi scheme recoup some of the more than $7 billion they lost more than a decade ago.
Los Angeles-based JRK Property Holdings, a real estate investment group, has bought the Indigo Park by Cortland apartment complex on Nicholson Drive for $46.4 million.
Walk-On’s Sports Bistreaux has received a significant investment from private equity firm 10 Point Capital, which will enable the Baton Rouge-based restaurant chain to accelerate its already rapid growth.
The local banking community is applauding today’s announcement by the U.S. Small Business Administration that it is simplifying the loan forgiveness application for Paycheck Protection Program loans of $50,000 or less.