TriSpan Rising Stars Invests in L'Atelier Entrecôte & Volaille

TriSpan Rising Stars Acquires Majority Stake in Pho

August 2, 2021

Restaurants & Hospitality

TriSpan's Rising Stars restaurant fund has acquired a significant majority stake in Pho, the UK-based Vietnamese casual dining group that operates 30 restaurants and 3 cloud kitchens. The founders and management retain meaningful ownership and the business will be led by Patrick Marrinan as Managing Director with TriSpan supporting a UK and international growth plan; terms were not disclosed.

TriSpan Rising Stars Makes Strategic Growth Investment in Maman

December 21, 2020

Restaurants & Hospitality

TriSpan’s Rising Stars platform made a strategic growth investment in Maman, a French‑themed café and bakery founded in 2014 with multi‑unit locations in New York and Toronto. The capital is intended to accelerate Maman’s expansion plans and scale the brand nationally and beyond; financial terms were not disclosed.

TriSpan (Rising Stars) Acquires Majority Stake in Naya Group

October 30, 2020

Restaurants & Hospitality

TriSpan’s restaurant platform Rising Stars acquired a majority investment in Naya Group, a fast-casual Middle Eastern/Mediterranean restaurant chain headquartered in New York. The investment will support Naya’s growth plans to scale its footprint across New York and into additional markets; financial terms were not disclosed.

TriSpan (Rising Stars) Invests in Mowgli Street Food Group

January 30, 2023

Restaurants & Hospitality

TriSpan’s restaurant program Rising Stars has made a major investment in Mowgli Street Food Group, the UK-based Indian casual dining chain founded by Nisha Katona. The founder and management retain a significant stake and will continue to lead the business as TriSpan supports the group’s planned UK expansion; debt financing for the transaction was provided by OakNorth Bank and terms were not disclosed.

TriSpan (Rising Stars) Acquires Majority Stake in Shell Shack

November 18, 2021

Restaurants & Hospitality

TriSpan's restaurant platform Rising Stars acquired a majority stake in Shell Shack, a Texas-based experiential seafood and crab-boil restaurant concept. The investment will provide financial and operating resources to support Shell Shack's growth and national expansion plans; financial terms were not disclosed.

TriSpan-Backed FoodPrep Solutions Makes Add-on Acquisition in Foodservice Equipment Sales & Services

June 10, 2020

Restaurants & Hospitality

TriSpan Opportunities LP (TriSpan OF) established FoodPrep Solutions as a platform in January 2020 and, in June 2020, FoodPrep Solutions completed its first acquisition in the foodservice equipment sales and services sector (the platform's fifth acquisition overall). The platform, led by CEO Jim Mase and sponsored by TriSpan OF, will integrate route-based cutlery exchange and equipment sales & service capabilities to accelerate growth across restaurants, supermarkets, caterers, healthcare facilities and other foodservice end markets.