MGG Investment Group Invests in 42 Shari's Restaurants Locations
June 21, 2023
MGG Investment Group has made an investment in 42 Shari's Restaurants locations in Oregon, representing roughly half of the chain's 85 restaurants. Terms were not disclosed; Gather Holdings (Shari's parent) said the capital infusion will support recovery from COVID-19 and that MGG brings experience in video lottery gaming operations present at the Oregon locations.
- Buyers
- MGG Investment Group
- Targets
- Shari's Restaurants
- Sellers
- Gather Holdings
- Industry
- Restaurants & Hospitality
- Location
- Oregon, United States
- Transaction Type
- Growth capital
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