News

Four Food Group acquires majority stake in Mo'Bettahs

July 13, 2017

Mo'Bettahs, a six-unit Hawaiian-style concept, has inked an all-cash acquisition deal with Four Food Groups, according to a press release. As of July 1 FFG now owns a majority stake of the restaurant chain.

"I am honored to enter this new partnership with people who share our business values and who care about their employees and treat them as ohana (family)," Andrew K. Smith, CEO of Four Foods Group, said in the release. “As FFG continues to expand our concepts throughout the United States, we look to partner with quality people. Kimo and Kalani are talented leaders who have built a strong organization by serving customers the unique Hawaiian experience they know so well.”

Founded nearly a decade ago by brothers Kimo and Kalani Mack, Mo'Bettahs features sights, smells and tastes from the founders' homeland.

“This is a lifestyle we want to share with all our customers; it is a place where they are comfortable and at peace. Loyalty is most important to us,” Kimo Mack said in the release. “We strive for actions with pono, which means striving to do what is right in all we do. Our partnership with FFG will help us spread our Hawaiian lifestyle and culture to many more people.”

FFG hopes to grow the concept into a nationwide chain, according to the release.

"Kimo and Kalani Mack have accomplished one of the most difficult things to do in the restaurant business: they created and launched a brand and have grown it from one to six stores," Smith said. "That is incredibly hard and rare in this business. We are excited to extend this effort and expect to add 50 to 75 Mo'Bettahs units across the United States in the next three to five years."