Add-on Acquisition • Restaurants

Savory Acquires Hash Kitchen

On November 10, 2021, Savory acquired restaurant Hash Kitchen

Acquisition Context

This is Savory’s 4th transaction in the Restaurants sector.
This is Savory’s 4th transaction in the United States.
This is Savory’s 1st transaction in Arizona.

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M&A Deal Summary
Date	November 10, 2021
Target	Hash Kitchen
Sector	Restaurants
Buyer(s)	Savory
Deal Type	Add-on Acquisition

Target Company

Hash Kitchen

Scottsdale, Arizona, United States

Hash Kitchen, Creative Breakfast & Bar is a chef-driven, brunch-only concept by The Maggiore Group, the re-imagined brunch menu is known for its variety of hashes, frittatas, scramblers, pancakes, morning cocktails and DIY Bloody Mary bar. Hash Kitchen was founded in 2015 and is based in Scottsdale, Arizona.

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Buyer Overview 1

Buyer

Savory

Lehi, Utah, United States

Category	Company
Sector	Financial Services

DESCRIPTION

Savory is an Investment company, partners with restaurateurs to expand unique brands that target unique, new and undiscovered parts of the food & beverage industry. Savory is based in Lehi, Utah.

Deal Context for Buyer	#
Overall	4 of 7
Sector: Restaurants	4 of 6
Type: Add-on Acquisition	4 of 6
State: Arizona	1 of 2
Country: United States	4 of 7
Year: 2021	2 of 2

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2021-09-16	Pincho Miami, Florida, United States Pincho is a concept based fast-casual chain with Latin-inspired menu features burgers, kebabs, salads, bowls and more. Pincho was founded in 2010 and is based in Miami, Florida.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2021-09-16

Pincho

Miami, Florida, United States

Pincho is a concept based fast-casual chain with Latin-inspired menu features burgers, kebabs, salads, bowls and more. Pincho was founded in 2010 and is based in Miami, Florida.

Buy

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2022-07-26	Saigon Hustle Houston, Texas, United States Saigon Hustle is a Vietnamese Eatery with a drive-thru and patio, offering a variety of healthy, quick options for daily life. Using locally sourced ingredients for our Banh Mi, Rolls, and more. Saigon Hustle was founded in 2020 and is based in Houston, Texas.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2022-07-26

Saigon Hustle

Houston, Texas, United States

Saigon Hustle is a Vietnamese Eatery with a drive-thru and patio, offering a variety of healthy, quick options for daily life. Using locally sourced ingredients for our Banh Mi, Rolls, and more. Saigon Hustle was founded in 2020 and is based in Houston, Texas.

Buy

Explore Related M&A Activity

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