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This post is part of the On the Margin blog.
It's safe to say that Andrew Balson knows a thing or two about big restaurant buyouts.
Balson joined Bain Capital in 1996 and was with the private equity firm in 1998 when it engineered a buyout of a chain called Domino's Pizza Inc. He joined the board and has been a member ever since.
Andrew Balson Photo: Cove Hill Partners "I've been hanging around Domino's for a long, long time," Balson said. "It's been one of the great joys of my business career and my life."
Balson, with Bain, has been involved with some of the biggest buyouts in restaurant industry history, including Burger King, Dunkin' Brands Inc., and Outback Steakhouse.
He is now taking that experience with his own firm, Cove Hill Partners, which recently received $1 billion in commitments - a sizable amount for a first-time fund.
"I hope to be active in the restaurant category," said Balson, Cove Hill's managing partner. "There are six different restaurant companies I've been involved in. I feel like I've learned a lot about the business. I have a real appreciation...