Savory Fund Invests in Houston TX Hot Chicken

Savory Fund Invests in Via 313

October 13, 2020

Restaurants & Hospitality

Savory (operator-led growth fund) announced an investment in Austin-based Detroit-style pizza chain Via 313 to support multi-unit expansion and new locations. The deal comes from Savory’s closed $100 million fund and pairs Savory’s operational resources with founders Brandon and Zane Hunt to accelerate growth.

Savory Fund Invests in South Block

January 31, 2024

Restaurants & Hospitality

Savory (Savory Fund) has made a growth investment in South Block, a 15-unit, health-focused fast-casual restaurant chain founded in Clarendon, Virginia. Founder and CEO Amir Mostafavi will remain in place as Savory uses capital and operating expertise from its $200 million Fund III to accelerate South Block's expansion across the Northeast; terms were not disclosed.

Savory Fund (Mercato Partners) Invests $20M in Hash Kitchen

November 10, 2021

Restaurants & Hospitality

Savory Fund, the restaurant-focused vehicle managed by Mercato Partners, has invested $20 million in Scottsdale-based Hash Kitchen to form a new growth partnership. The capital will be used to unify operations and aggressively scale the brunch-centric concept across the western United States, with a target of roughly 30 new locations over the next four years; Hash Kitchen's founders will remain involved and Savory representatives will join the board.

Roark Capital Group Acquires Majority Stake in Dave's Hot Chicken

June 11, 2025

Restaurants & Hospitality

Roark Capital Group has acquired a majority stake in Los Angeles-based fast-casual chain Dave's Hot Chicken in a deal reported at roughly $1 billion. The founders and senior leadership will remain in place as Roark positions the brand for accelerated domestic and international franchised growth leveraging its restaurant portfolio and supply-chain capabilities.

Savory Fund Acquires Majority Stake in The Sicilian Butcher

October 12, 2022

Restaurants & Hospitality

Savory Fund has acquired a majority interest in chef Joey Maggiore’s The Sicilian Butcher and its sister concept The Sicilian Baker, committing up to $30 million to support expansion. The Maggiores will remain involved while Savory Fund joins the board and aims to rapidly scale the Arizona-based three-unit brand into new markets (Texas and Las Vegas) with a goal of 20 units over four years.

Brentwood Associates Acquires Majority Interest in Chicken Salad Chick from Eagle Merchant Partners

November 4, 2019

Restaurants & Hospitality

Brentwood Associates has acquired a majority interest in SSRG Holdings, LLC (Chicken Salad Chick) from Eagle Merchant Partners. The fast-casual chain — led by CEO Scott Deviney and operating 137 locations across 16 states as of the announcement — will continue to pursue growth and geographic expansion; transaction terms were not disclosed.