February 8, 2012
Garbanzo Mediterranean Grill has announced a partnership with Wellesley, Mass.-based private equity firm Gemini Investors to grow the chain.
“Gemini is a leader in their field and I am extremely pleased to be working alongside them to help grow Garbanzo to a nationally recognized fast-casual restaurant concept,” says Alon Mor, Garbanzo founder, president and CEO. “This strategic partnership helps position us for long-term company and franchise expansion beyond the borders of Colorado.”
Garbanzo has plans to open in new franchise markets this year and has been targeting experienced multi-unit franchisees to help grow the brand. The company opened its first location in Denver in 2007 and today has 14 open locations throughout Colorado.
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