M&A Deal Summary

WOWorks Acquires Zoup!

On May 12, 2022, WOWorks acquired restaurant Zoup!

Acquisition Highlights
  • This is WOWorks’ 4th transaction in the Restaurants sector.
  • This is WOWorks’ 5th transaction in the United States.
  • This is WOWorks’ 1st transaction in Michigan.

M&A Deal Summary

Date 2022-05-12
Target Zoup!
Sector Restaurants
Buyer(s) WOWorks
Deal Type Add-on Acquisition

Target

Zoup!

Farmington Hills, Michigan, United States
Zoup! is a casual soup concept with locally owned and operated restaurants across the United States and Canada. Zoup! was founded in 1998 and is based in Farmington Hills, Michigan.

Search 199,713 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

WOWorks

West Conshohocken, Pennsylvania, United States

Category Company
Sector Restaurants
DESCRIPTION

WOWorks was formed with a mission to help guests pursue their passions and live their best lives by serving healthy, nutritious, and flavorful fuel along with first-rate hospitality. WOWorks’ portfolio consists of: Saladworks, the nation’s leading fast-casual salad brand; Frutta Bowls, a unique restaurant franchise serving a variety of superfood bowls, fresh fruit smoothies, oatmeal bowls, and more; Garbanzo Mediterranean Fresh, a popular Mediterranean restaurant concept; and most recently, The Simple Greek, which offers a fresh and healthy take on ancient Greek recipes in a fast-casual setting. WOWorks seeks to drive explosive growth across all of its brands through a variety of channels, both traditional and non-traditional, including ghost kitchens, food trucks, grocery retail, and more. WOWorks is based in West Conshohocken, Pennsylvania.


DEAL STATS #
Overall 5 of 5
Sector (Restaurants) 4 of 4
Type (Add-on Acquisition) 5 of 5
State (Michigan) 1 of 1
Country (United States) 5 of 5
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-12 Barberitos

Athens, Georgia, United States

Barberitos is a provider of handcrafts burritos, tacos, salads, quesadillas, nachos and more using locally sourced, farm-fresh ingredients. Barberitos was founded in 2000 and is based in Athens, Georgia.

Buy -