Announced
Financials
Sources
Tags
Restaurants and Bars
United States
Domestic
Single Bidder
Majority
Private
Pending
Private Equity
burgers
Friendly
Acquisition
Synopsis
L Catterton-backed Hopdoddy, a burger joint, agreed to acquire Grub, a fast-casual restaurant. Financial terms were not disclosed. "We're thrilled to join forces with Grub, a high quality and complementary brand that we have admired for years. We have much in common, from our team-centric cultures and commitment to people, to exciting menus and a tireless focus on the guest experience. We think very much alike and share a long-term vision, which will serve us well as we come together and embark on our next stage of growth," Jeff Chandler, Hopdoddy CEO.
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