KKR invests in the emerging fast-casual chain.
In a move aimed at accelerating the fast-casual concept’s growth, venture capital firm KKR made an investment in Lemonade Restaurant Group. Terms of the transaction were not disclosed.
"KKR will be active at the Board level in helping to refine our strategy and grow the business in a purposeful and deliberate manner," says Alan Jackson, founder and CEO of Lemonade Restaurant Group.
Founded in 2008, Lemonade Restaurant Group operates 14 fast-casual restaurants in Southern California in a modern cafeteria setting.