BIP Opportunities Fund Announces Investment in Emerging Brand
Atlanta-based investment firm adds beat to Tin Drum Asiacafe
(ATLANTA) Sept. 30, 2012 -- Atlanta-based BIP Opportunities Fund LP (BIP) announced today that it is taking a minority interest in the rapidly growing Pan Asian fast casual chain Tin Drum Asiacafe (Tin Drum). The investment in Tin Drum, also based in Atlanta, will provide the necessary capital to fuel the emerging brand's expansion strategy announced in early 2012. Founder and CEO Steven Chan began franchising Tin Drum, his popular Asian-street food concept, in 2011 and expects to double the company's corporate and franchise unit base by the end of 2012. Tin Drum is actively pursuing franchisees in the southern states of Georgia, Alabama, Tennessee, Florida and the Carolinas.