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New Deal


Announced

Completed

A consortium of investors led a $100m Series C funding round in Kitchen United.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
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EV/EBITDA-
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Tags

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Completed

Acquisition

Friendly

Restaurants and Bars

Venture Capital

Private

restaurants operator

Cross Border

United States

Private Equity

Minority

Synopsis

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Alimentation Couche-Tard, The Kroger, Restaurant Brands International, B. Riley Financial, Simon, Phillips Edison & Co and The HAVI Group led a $100m Series C funding round in Kitchen United, a kitchen and restaurant hub technology pioneer, with participation from GV, Fidelity Investments Canada, RXR, DivcoWest, Cali Group, GoldenArc Capital, General Global Capital, and Rich Product Corporation. "This Series C financing further solidifies Kitchen United's leadership position in the industry. Kitchen United uniquely sits at the intersection of technology, food, and real estate. Our solution serves as the technological and physical infrastructure revolutionizing centrally located distribution hubs through streamlining off-premises ordering and consumption. To that end, we are thrilled to partner with leading investors across grocery, convenience, restaurants, malls, packaging, logistics, distribution, automation, and urban and suburban real estate development," Michael Montagano, Kitchen United CEO and Board Member.

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