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 …
Savory
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 …