Souplantation and Sweet Tomatoes Acquired

 

Perpetual Capital Partners and CR3 Capital have acquired Souplantation and Sweet Tomatoes from Garden Fresh Restaurants. Terms of the deal were not disclosed.

Souplantation and Sweet Tomatoes is a 97-unit soup, salad and bakery restaurant chain.

Terms of the deal were not disclosed. The acquisition follows the company's resurgence out of bankruptcy earlier this year, and provides a long-term ownership base for the company. CR3 Partners led the restructuring and has been managing the company for several months. CR3 Capital is an investment affiliate of CR3 Partners, which is a turnaournd an performance improvement firm.

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