NEW YORK, Jan 13 (Reuters) - Call Your Mother Deli, a restaurant chain that was launched in Washington, D.C. and is known for its bagel sandwiches, has sold a stake to investment firm Invus Group, according to a statement seen by Reuters.
The terms of the transaction were not disclosed.
Founded in 2018 by husband-and-wife duo Andrew slot deposit dana and Daniela Moreira, the restaurant chain now has around 15 locations across Washington, D.C., Maryland, Virginia, and Colorado.
"Partnering with Invus will allow us to grow while staying true to our roots and the communities that have supported us from the beginning. We're excited about their trust in our long-term vision for our shops, and we look forward to bringing more carbs to communities across the country," said Dana.
New York-based Invus has more than $10 billion of assets under management and primarily invests in companies and brands in the consumer and retail industries. The firm was an early investor in restaurant chain Cava, which listed its shares through an initial public offering in 2023.
Invus has also backed other popular names including pet food brand Blue Buffalo, beauty products retailer Bluemercury, and weight-loss program operator WeightWatchers.
Harrington Park Advisors advised Call Your Mother on the transaction. (Reporting by Abigail Summerville in New York Editing by Nick Zieminski)
The terms of the transaction were not disclosed.
Founded in 2018 by husband-and-wife duo Andrew slot deposit dana and Daniela Moreira, the restaurant chain now has around 15 locations across Washington, D.C., Maryland, Virginia, and Colorado.
"Partnering with Invus will allow us to grow while staying true to our roots and the communities that have supported us from the beginning. We're excited about their trust in our long-term vision for our shops, and we look forward to bringing more carbs to communities across the country," said Dana.
New York-based Invus has more than $10 billion of assets under management and primarily invests in companies and brands in the consumer and retail industries. The firm was an early investor in restaurant chain Cava, which listed its shares through an initial public offering in 2023.
Invus has also backed other popular names including pet food brand Blue Buffalo, beauty products retailer Bluemercury, and weight-loss program operator WeightWatchers.
Harrington Park Advisors advised Call Your Mother on the transaction. (Reporting by Abigail Summerville in New York Editing by Nick Zieminski)
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