M&A Deal Summary

Sweetgreen Acquires Galley Foods

On June 11, 2019, Sweetgreen acquired restaurant Galley Foods

Acquisition Highlights
  • This is Sweetgreen’s 1st transaction in the Restaurants sector.
  • This is Sweetgreen’s 1st transaction in the United States.
  • This is Sweetgreen’s 1st transaction in District of Columbia.

M&A Deal Summary
Date 2019-06-11
Target Galley Foods
Sector Restaurants
Buyer(s) Sweetgreen
Deal Type Add-on Acquisition

Target

Galley Foods

Washington, District of Columbia, United States
Galley Foods, Inc. produces and delivers on-demand chef-prepared meals. Galley Foods serves customers in Washington D.C., Baltimore, and parts of Northern Virginia, including Alexandria, Arlington, and Tyson's Corner.

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Buyer(S) 1

Buyer

Sweetgreen

Los Angeles, California, United States
Category Company
Founded 2007
Sector Restaurants
Employees6,186
Revenue 584M USD (2023)
DESCRIPTION

Sweetgreen builds healthier communities by connecting people to real food. Every day, team members create plant-forward, seasonal, and earth-friendly meals from fresh ingredients and produce that prioritizes organic, regenerative, and local sourcing. The company strongly believes in harnessing the power of technology to enhance the customer experience, and leverages its app to create an omnichannel experience to meet its customers where they are. Sweetgreen’s strong food ethos and investment in local communities have enabled them to grow into a national brand with a mission to build healthier communities by connecting people to real food. Sweetgreen was established in 2007 and is based in Los Angeles, California.

DEAL STATS #
Overall 1 of 2
Sector (Restaurants) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (District of Columbia) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-24 Spyce

Somerville, Massachusetts, United States

Spyce is a restaurant company, that offers a fresh approach to veggie-forward warm bowls and salads cooked-to-order and personalized just for you. Spyce was founded in 2015 and is based in Somerville, Massachusetts.

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