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Mercato Partners Closes $100 Million Savory Fund Ii

Jun 02, 2021about 4 years ago
Salt Lake

Description

Mercato Partners today announced the final closing of Savory Fund II, its second investment vehicle devoted exclusively to backing emerging and profitable restaurant concepts, raising $100 million of commitments. The closing of Fund II builds upon the early success of the firm’s inaugural vehicle, which closed on $100 million of commitments in October 2020.

Company Information

Company

Mercato Partners

Location

Salt Lake, Utah, United States

About

Founded in 2007, Mercato Partners provides capital and guidance to firms in periods of high growth. Focusing on under-served markets, the firm structures majority, minority, and secondary positions in market leaders with demonstrated high organic growth rates. Known as a value-add investor, Mercato works with its in-house performance team and an extended network of advisors and service providers to accelerate growth. Across four distinct practices and $1B AUM, the firm actively invests in technology, branded consumer, and food and beverage companies helping them accelerate sales, market successfully and build and enable winning teams. For more information, please visit www.mercatopartners.com