Announced
Completed
Synopsis
Larry H. Miller, a privately-owned business with operations located mainly across the western United States, completed the acquisition of a majority stake in Swig, an operator of a chain of drive-by drink shops, from Savory Fund, a value-add management company, focuses on delivering outsized returns through strategic growth and replication strategies. Financial terms were not disclosed. "Swig's founders, and team, including the Savory Fund, have done an amazing job building this fast-growing brand. We love Swig's growth trajectory, best-in-class customer service, strong employee culture, and commitment to delivering positive guest experiences. We are excited to welcome the Swig team to the LHM Company and are excited to help accelerate its national expansion," Steve Starks, LHM Company CEO.
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