bd's Mongolian Grill Acquires Three Florida Locations
January 5, 2009

Burnsville, MN - bd’s Mongolian Grill today announced the acquisition of the three bd’s restaurants in Florida. The restaurants are located in Lakeland, Oldsmar and Altamonte Springs. bd’s Mongolian Grill currently operates 13 corporate restaurants and 22 franchise restaurants.

“We acquired these three locations because of the collective potential of the restaurants and strong management teams,” said Rodger Head, CEO of bd’s Mongolian Grill. “Our goal, as with all of our restaurants, is to instill a strong sense of pride and commitment to ensuring each guest has a great dining experience.”

bd’s Mongolian Grill continues to open restaurants across the nation. A bd’s franchisee headquartered in Wisconsin recently opened a restaurant in Rockford, IL and will enter the Madison, WI market in February of 2009.

bd’s is a leader in the `Asian Grill’ segment. Recent restaurant industry trends have recognized that this is a popular niche appealing to a younger family demographic. bd’s Mongolian Grill is an interactive casual dining experience that focuses on connecting with guests through a create-your-own stir-fry concept in a fun and energetic atmosphere. Guests select their meal from a large variety of choice meats and seafood, fresh vegetables and flavorful sauces to create a unique stir-fry to satisfy their particular palate. Each creation is then grilled to perfection on bd’s signature 6-foot diameter flat grill.

Headquartered in Burnsville, MN, bd’s Mongolian Grill is a privately owned restaurant company with 35 locations across eleven states and two countries. To learn more about bd’s Mongolian Grill or to find the location nearest you, visit www.GoMongo.com

About BD’s Mongolian Grill
bd’s Mongolian Grill is one of the largest Asian grill restaurant companies in the U.S., with 34 system-wide units (14 Company-owned, 20 franchised) operating in 13 states and the country of Mongolia. bd’s is an interactive fast-casual dining experience that offers guests a create-your-own stir-fry concept in a fun and energetic atmosphere.

About Kinderhook Industries
Founded in 2003, Kinderhook Industries is a private equity firm with $770 million of committed capital and an investment philosophy based on combining senior management and operating experience in a variety of industries with the financial and investment know-how of private equity professionals. Kinderhook primarily makes control investments in companies with transaction values of $10-$75 million in which the firm can achieve significant financial, operational and growth improvements. The firm targets orphaned non-core subsidiaries of corporate parents, existing small capitalization public companies lacking institutional support and management-led recapitalizations of entrepreneur-owned companies. By providing access to capital, strategic advice and an extensive network of relationships, Kinderhook Industries has a history of successfully building privately held firms in partnership with management.