Thrive Restaurant Group Acquires Modern Market Eatery
September 7, 2024
Wichita-based Thrive Restaurant Group has acquired Modern Market Eatery, a Denver-originated fast-casual brand, from private equity firm Butterfly Equity. The deal transfers ownership of Modern Market’s 29-unit system (24 company restaurants and five licensed locations) to Thrive; terms were not disclosed and Modern Market COO Robin Robison will become the brand’s president under Thrive.
- Buyers
- Thrive Restaurant Group
- Targets
- Modern Market Eatery
- Sellers
- Butterfly Equity
- Industry
- Restaurants & Hospitality
- Location
- Colorado, United States
- Transaction Type
- Buyout
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