Kinderhook Makes Champps Order

January 11 2007

Kinderhook Industries, a New York-based private equity firm, has agreed to acquire restaurant chain Champps Entertainment Inc. (Nasdaq:CMPP) for $75 million, plus the assumption of all liabilities and debt. Champps chairman and CEO Michael O’Donnell and CFO David Womack also are participating on the buyout. www.kinderhookindustries.com www.champps.com

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