Savory Fund Invests in South Block

January 31, 2024

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.

Buyers
Savory Fund
Targets
South Block
Location
Virginia, United States
Transaction Type
Growth capital

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