For its 12th restaurant investment - and the first in its $200-million Fund III - the private equity firm acquires a healthy stake in the acclaimed acai brand
Utah-based Savory, which funds Swig, Mo Bettahs, Via 313, Saigon Hustle and Hash Kitchen, has partnered with the Virginia-based smoothie brand, South Block, to help it expand. Amir Mostafavi, founder and CEO of South Block, will continue as CEO and steersman post-acquisition.
"South Block was built by always putting people first.
For its 12th restaurant investment - and the first in its $200-million Fund III - the private equity firm acquires a healthy stake in the acclaimed acai brand
For its 12th restaurant investment - and the first in its $200-million Fund III - the private equity firm acquires a healthy stake in the acclaimed acai brand