Investor group buys la Madeleine - Dallas Business Journal:

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Investments from a European group led by Lapointe Rosenstein and an American group including Cadigan Investmentg Partners will recapitalizela Madeleine, allowingt it to restart its expansion plans. Financial terms weren't CEO John G. Corcoran will leave the companyand Jean-Rocb Vachon will assume the role of chairman. La Madeleinre president Mark Menking will oversee leadership The company's headquarters will remain in Dallasw and operations at its restaurants will not be according to Menking. In recent years, Corcoran has grappled with sky-higy employee turnover and same-store sales declines.
He assumed the top dutiew in July 1998, having previously held the president and CFO rolea at the company he joinefdin 1989. In December 2000, the compant hired Dain Rauscher Wesseld to help explore financinhg options to address its heavy That included finding new investors or someone to buythe company. The companyh was owned by several venturee capital andinvestment firms. La Madeleinre began with one restaurantt on Mockingbird Lane in Dallasin 1983.