News

Minneapolis — Restaurant Technologies, the leading provider of cooking oil management and exhaust cleaning solutions, is providing its Total Oil Management solution to more than 1,500 new grocery and convenience store (c-store) units since the start of 2018, bringing the company’s total customer roster of foodservice providers across a range of segments to more than 27,000 locations nationwide.

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Lexington, Ky. — Fazoli’s, an elevated QSR Italian chain, has signed a multi-unit deal with new franchisee Impact Hospitality Group. In addition to acquiring two existing locations in Columbia, S.C., the group also plans to develop five additional restaurants in and around the Columbia area over the next few years, with the first location slated to open in 2019.

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Los Angeles — Formerly The Promenade at Howard Hughes Center in Los Angeles, HHLA is undergoing a $30 million renovation spearheaded by developer and operator The Festival Companies. The project is slated for completion in 2019. The sprawling landmark destination will introduce a morning-to-late-night dining, entertainment and shopping experience all within one thriving cultural hub.

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New York City — ShopKeep, the top-rated tablet-to-cloud payments and point-of-sale platform chosen by over 25,000 independent retailers and restaurants, has closed a $65 million round of equity and debt financing. The round was led by Tribeca Venture Partners and included all of ShopKeep’s existing major investors. ShopKeep also welcomes First Data Corporation, a leader in payment processing services, and Salesforce Ventures, Salesforce’s global corporate investment group. The debt financing portion of the round was provided by ORIX Growth Capital and Square 1 Bank, a division of Pacific Western Bank.

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Atlanta — NCR Corporation’s global headquarters in Midtown Atlanta has been awarded two Leadership in Energy and Environmental Design (LEED) Platinum certifications, for Building Design and Construction: Core & Shell and Interior Design and for Construction: Commercial Interiors. NCR’s headquarters is one of the first projects to be awarded two of the highest LEED certification levels for the same building. NCR provides business/point-of-sale transaction solutions for industries including banks, restaurants, grocery stores, theaters and more.

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