Goode Partners Declares Strategic Funding in Sicilian Oven to Bustle up Yelp
Fort Lauderdale, FL (RestaurantNews.com) Goode Partners, a consumer oriented non-public fairness agency, introduced that it has made a strategic investment in Sicilian Oven Eating locations, a Florida-based fully mostly polished casual restaurant neighborhood featuring craveable and shareable dishes and legit Italian recipes. Sicilian Oven® now operates ten locations across Southern Florida. The investment by Goode Partners will fortify the Company’s endured geographic expansion every inside of and open air the deliver of Florida.
Sicilian Oven become once based in 2008 in Fort Lauderdale, Florida, by longtime company and industry veterans Ralph DiSalvo and Andrew Garavuso. The two had been restaurant industry veterans who developed a shared ardour for scratch-made recipes, wood-fired cooking and the warmth hospitality speak in veteran Italian properties. From the starting, Sicilian Oven situation out to be bigger than a conventional Italian restaurant, emphasizing new, made-to-speak dishes designed to be shared and enjoyed the 2d they advance out of the oven – meals crafted with care, where company are supposed to “esteem the model, and model the esteem”. The concept hasty resonated with South Florida diners, and Sicilian Oven progressively grew a steady following drawn to its handcrafted pizzas, Italian specialties and superior guest experience. This day, Sicilian Oven is mostly highlighted in native eating guides and ‘finest pizza’ lists across South Florida.
“I’m very furious to yelp Goode’s quiet partnership with Ralph, Andrew and the extremely talented Sicilian Oven crew coming into this next chapter of the Company’s evolution,” said Dan Bonoff, Companion at Goode Partners. “Sicilian Oven is an wonderful concept that delivers persistently well-known meals and restore at a no doubt approachable mark point. Given the appealing unit economics and geographic white home, we predict about the Company is extremely successfully positioned for meaningful expansion, and we’re furious to be a section of it.”
Sicilian Oven Founder Ralph DiSalvo added, “This partnership marks an thrilling milestone for our firm. We’ve persistently believed in the energy of our folks and the authenticity of the Sicilian Oven trace. With Goode’s fortify and resources, we’re taking a leer forward to expanding our footprint, creating quiet opportunities for our crew, and bringing the Sicilian Oven experience to more communities.”
Goode Partners’ fairness investment become once supported by debt financing from Gladstone Capital Company and Mitsubishi HC Capital America. Goode become once urged by Cowan, DeBaets, Abrahams & Sheppard, Egan Nelson and CM Law. The sellers had been represented by Berger Singerman LLP and Geraty Investments.
About Goode Partners
Goode Partners LLC is a New York-based fully mostly non-public fairness agency that focuses completely on investment opportunities in the meals and beverage, wellness, restaurant, apparel, branded consumer merchandise and retail sectors. The agency has established itself as a accomplice of selection by leveraging its distinctive combination of investment capital, a crew of pros with experience investing in and dealing one of the main sphere’s premiere consumer producers and an intensive industry network. Goode seeks to accomplice with the founders and managers of branded consumer-oriented firms with well-known growth likely. More data on Goode Partners and its crew will also be stumbled on on the agency’s net deliver GoodePartners.com.
