துரத்து அலமாரி News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from துரத்து அலமாரி. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In துரத்து அலமாரி Today - Breaking & Trending Today
Mercato Partners Closes Second Savory Fund at $100M Mercato Partners has closed Savory Fund II, its second investment vehicle devoted exclusively to backing emerging restaurant concepts, raising $100 million of commitments. The closing of Fund II builds upon the early success of the firm’s inaugural vehicle, which closed on $100 million of commitments in October 2020. Limited partners in the fund consist of both existing and new investors, including institutional investors, family offices, and financial services and advisory firms. Savory’s investment strategy focuses on partnering with food and beverage brands looking to expand beyond their founding region. The fund is managed by general partners ....
Savory Fund II builds upon the previous funding success of the first round in October 2020 Growth equity firm Mercato Partners announced Wednesday the closure of the $100 million second round of Savory Fund, which backs “emerging and profitable” restaurants with the funds needed to boost and expand their brands. Savory Fund II is closing on the heels of its first round, which closed in October 2020. The second Savory Fund which is being managed by General Partners Andrew K. Smith and Greg Warnock and backed by 65 industry professionals aims to partner with six to eight new fast-casual and casual-dining restaurant brands that are “proven, profitable food and beverage brands” looking to expand and build upon their brand and geographic reach, with goals of scaling up from three to nine locations up to 40-50 locations around the country. ....
Utah Business 24.96k Each year, we celebrate 40 business professionals who are working to evolve the state of Utah’s business landscape. Meet the 40 individuals (who are all under 40) who are elevating the future of business throughout the state. Alex Bean, 36 Who inspires you most? Why? My dad. He was a cancer survivor who always taught me the value of hard work and doing right. He built his own company that still stands 30 years later and his work ethic was formative to who I am. What is the most rewarding thing about your job/industry? Why? We’re disrupting an industry on behalf of the small business owner. I can think of no greater mission than helping other businesses grow and thrive. At Divvy, we provide them with access to the capital and the tools they need to manage it. ....
Salt Lake City Swig, the highly popular and fast-growing specialty drink shop, has appointed Chase Wardrop as president. In this position, Wardrop will oversee all company operations and the management team of Swig. He will be responsible for expanding the brand’s footprint into new geographies, which includes plans to open 18 new units in 2021. Wardrop has been instrumental in Swig’s rapid growth, and the expanding specialty soda culture as a whole. Today, under his leadership and teamwork with partners Dylan Roeder (vice president, marketing and innovation) and Nicole Tanner (founder of Swig), they have grown sales to more than $30 million annually with 18 stores planned in 2021 and expansion into two new states. This will bring the Swig brand to 47 units in more than six regional markets throughout the western U.S. ....
Swig Appoints Chase Wardrop as President to Further Drive Brand Expansion and Excellence Popular specialty drink shop looks to build 18 new units and expand into new geographies in 2021 News provided by Share this article Share this article SALT LAKE CITY, Jan. 19, 2021 /PRNewswire/ Swig, the highly popular, and fast-growing specialty drink shop, has announced the appointment of Chase Wardrop as President. In this position, Wardrop will oversee all company operations and the management team of Swig. He will be responsible for expanding the brand s footprint into new geographies while maintaining the unmatched customer service, speed and innovative products the brand is known for. ....