TriSpan Rising Stars Makes Strategic Growth Investment in Maman

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 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 Invests in L'Atelier Entrecôte & Volaille

May 18, 2023

Restaurants & Hospitality

TriSpan's Rising Stars restaurant program has invested in L'Atelier Entrecôte & Volaille alongside CEO Hubert Lansac to support a planned European rollout. Terms were not disclosed; the investment expands TriSpan's portfolio of restaurant investments across Europe.

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) 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.

Bain Capital Double Impact Leads C$70M Growth Investment in HiMama

November 18, 2021

Cloud & SaaS

HiMama, a Toronto-based childcare center software provider, raised C$70 million in a Series B minority investment led by Bain Capital Double Impact with participation from Round13 Capital and BDC Capital's Women in Technology Venture Fund. The funding will be used to expand HiMama's reach across Canada and the U.S., accelerate product development, and provide a foundation for opportunistic acquisitions.