Scottsdale, Ariz. — Savory Fund has invested in the popular brunch concept, Hash Kitchen. The Scottsdale, Ariz.-based chain creatively designed around a social dining experience is the latest brand to attract growth capital from Mercato Partners’ $200 million Savory Restaurant Fund, which was formed to back promising emerging restaurant concepts. Founded in 2015 by celebrity chef Joey Maggiore, his wife Cristina and partner Flora Tersigni of The Maggiore Group, Hash Kitchen’s menu features high-quality and next-level breakfast and boozy brunch offerings. Its chef-driven, curated menu is distinctively paired with an …
Mercato Partners
Salt Lake City — Mercato Partners has launched its inaugural food and beverage fund, Savory. This new fund of $90 million will make investments into compelling, up-and-coming restaurant concepts by providing access to capital together with a team of experienced industry professionals to fuel growth and operations. To create this unique investment practice, Mercato Partners founder Greg Warnock partnered with restaurant industry veteran Andrew K. Smith to lead the newly formed fund along with several members of his leadership team. Savory combines the experience of Smith and his team in …