Uncle Maddio’s Pizza Joint announced today that S&S Group LLC is joining the Uncle Maddio’s team as minority stakeholders in the company and will serve on its board of directors.
June 25, 2015
Uncle Maddio’s Pizza Joint announced today that S&S Group LLC is joining the Uncle Maddio’s team as minority stakeholders in the company and will serve on its board of directors. In addition, S&S has plans to open up to 17 Uncle Maddio’s Pizza Joints in various locations around the country, according to a company press release.
S&S was also an early investor in Five Guys corporate and owns and operates Five Guys locations in several markets across the country. The S&S team, based in Washington, D.C., is excited to partner with another strong brand and take a step into the pizza industry, said Cal Simmons of S&S.
“Fast casual pizza is one of the fastest growing segments in the restaurant industry, and after much due diligence, we invested in Uncle Maddio’s as the pioneer of the category and a brand most likely to catapult in future growth,” Simmons said. “With its experienced leadership team and nationwide franchisee interest, we view it as a best-in-class concept.”
Uncle Maddio’s will use the capital to augment the company’s infrastructure, technology and human capital — a strategy aimed at both enriching franchisee support as well as staying abreast on cutting-edge technology. Currently, Uncle Maddio’s operates 35 locations in 14 states, said Matt Andrew, CEO and founder of Uncle Maddio’s Pizza Joint
“What really excites us about our new partners is the intellectual capital they bring to the Uncle Maddio’s team,” he said