Announced
Completed
Financials
Sources
Tags
Friendly
Venture Capital
Domestic
Single Bidder
restaurant chain
Restaurants and Bars
United States
Private
Minority
Private Equity
Acquisition
Completed
Synopsis
T. Rowe Price, a private equity firm, led a $190m Series F funding round in Cava, a restaurant chain operator. Additional investors include Equilibra Partners Management, Lighthouse Investment Partners and Declaration Partners. The funding round would help Cava achieve its expansion goals. The latest cash infusion will also fund the brand’s consumer packaged goods line, expanding on its packaged dips and spreads sold in Whole Foods stores across the country.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.