Savory Fund acquires majority interest stake in The Sicilian Butcher with up to $30 million investment

Oct 13, 2022 256

BY: Joanna Fantozzi

Private equity firm Savory Fund has announced its 10th emerging brand investment — acquiring a majority interest stake in Joey Maggiore concept, The Sicilian Butcher.

This is the second investment Savory Fund has made in a Maggiore brand, following the $20 million investment in Hash Kitchen in Nov. 2021. This time around, Savory Fund is allocating up to $30 million for the meatball and charcuterie brand, as well as its sister concept, the Sicilian Baker.

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SOURCE: https://www.restaurant-hospitality.com/

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