Thursday, December 12, 2019

Cava keeps rolling with millions in new funding

Since closing on its blockbuster acquisition of Zoe’s Kitchen in 2018, Cava Group has had a relatively quiet 2019 — until now. The fast-casual restaurant group headquartered in D.C. just closed a $40 million funding round, according to a Dec. 10 Securities and Exchange Commission filing. It’s one of the biggest funding rounds in Greater Washington for 2019. This latest investment brings Cava’s total funding raised to $459.22 million, according to data from Pitchbook, which pegs the company's…



from https://www.bizjournals.com/baltimore/news/2019/12/12/cava-keeps-rolling-with-millions-in-new-funding.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/189630824877

No comments:

Post a Comment