NEW YORK, Jan 13 (Reuters) - Call Your Mother Deli, a
restaurant chain that was launched in Washington, D.C. and is
known for its bagel sandwiches, has sold a stake to investment
firm Invus Group, according to a statement seen by Reuters.
The terms of the transaction were not disclosed.
Founded in 2018 by husband-and-wife duo Andrew Dana and
Daniela Moreira, the restaurant chain now has around 15
locations across Washington, D.C., Maryland, Virginia, and
Colorado.
"Partnering with Invus will allow us to grow while staying
true to our roots and the communities that have supported us
from the beginning. We're excited about their trust in our
long-term vision for our shops, and we look forward to bringing
more carbs to communities across the country," said Dana.
New York-based Invus has more than $10 billion of assets
under management and primarily invests in companies and brands
in the consumer and retail industries. The firm was an early
investor in restaurant chain Cava ( CAVA ), which listed its
shares through an initial public offering in 2023.
Invus has also backed other popular names including pet food
brand Blue Buffalo, beauty products retailer Bluemercury, and
weight-loss program operator WeightWatchers.
Harrington Park Advisors advised Call Your Mother on the
transaction.