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private equity

Financing

Playa Bowls acquired by private-equity firm Sycamore Partners

 By Lisa Jennings on Sep. 03, 2024

The 250-unit acai bowl and smoothie franchise has runway for more growth, new investors say.

Financing

Activist investor takes aim at Portillo's

 By Lisa Jennings on Aug. 16, 2024

Hedge fund Engaged Capital is looking to boost the Chicago-based chain's profitability and speed national growth.

Operations

Former Walk-On's exec Scott Taylor named CEO of new restaurant group

By Joe Guszkowski on May 29, 2024

Cherry Bounce Hospitality will house three of Hargett Hunter's full-service restaurant holdings, including Trudy's Tex-Mex and Cajun Steamer, with more to come.

Operations

Shake Smart to grow with investment from NewSpring Franchise

By Lisa Jennings on Mar. 14, 2024

Known for protein shakes, smoothies and more, the 45-unit chain is primarily on college campuses.

Emerging Brands

Smash Park pickleball concept wins private-equity investment

By Lisa Jennings on Jun. 29, 2023

The amount was not disclosed, but the investment will allow the soon-to-be four-unit eatertainment venue to expand to more markets.

Financing

L Catterton invests in upstart breakfast and lunch concept Urban Egg

By Peter Romeo on Apr. 27, 2023

The chain's nine units are concentrated in Colorado, with only one store outside the state. Catterton calls its investment "significant."

Financing

Krispy Kreme to buy a majority stake in Insomnia Cookies

By Jonathan Maze on Jul. 20, 2018

The cookie chain will operate as a stand-alone company following the sale.

6 takeaways from a fusion fast casual’s recent PE infusion

By Lauren Hallow on Dec. 05, 2016

Coming off a successful appearance on the TV show “Shark Tank,” Chi'Lantro founder Jae Kim discusses what makes the Korean-Mexican fast casual an investable brand and the challenges on growing the concept, including how to deal with the chain’s cashless policy.

Financing

Private-equity group L Catterton buys Uncle Julio’s

By Kelsey Squire on Oct. 11, 2017

The acquisition aims to boost growth of the polished-casual Mexican chain.

Snooze gets funding for growth

By Kelsey Squire on Dec. 05, 2016

The breakfast-and-brunch brand is banking on a new investment to expand its reach.

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