Fintech
Gelband & Company Serves as Exclusive Placement Agent, Closes $5 Million Series A for Sweet Chick Restaurants
Funding received from L Catterton-backed parent of Chopt and Dos Toros, Founders Table, to accelerate expansion and launch franchising program.
New York, New York–(Newsfile Corp. – June 9, 2022) – Gelband & Company, a New York-based investment banking firm focused on strategic growth capital investments and M&A transactions, is pleased to have acted as the exclusive placement agent for Sweet Chick Lyfe, LLC (“Sweet Chick”), a popular New York-based restaurant group specializing in chicken and waffles. The funds will be used to fuel the rapid growth and expansion of Sweet Chick throughout New York City, Los Angeles, and beyond, as well as for the completion of the restaurant’s transformation to a fast casual model. The company has also expressed interest in exploring franchising as a part of its growth model. Gelband & Company previously completed the first institutional equity financing for Five Guys Burger and Fries.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/127016