Jeff Vinik added, “Hissho is in terrific hands with Brentwood, and the prospects for the Company are better than ever. Combining Hissho’s category leadership and growth-centric mindset with Brentwood’s deep knowledge in foodservice and franchising will create even greater growth opportunities for Hissho, our franchisees and our retail partners.”
Beem stated, “We are excited to welcome Brentwood to the next chapter in the Hissho Sushi story.
With more than 2,000 points of distribution across the country, Hissho is committed to making sushi more accessible and approachable to shoppers of all backgrounds, ages and diet preferences.įollowing the transaction, Dan Beem, the Company’s Chief Executive Officer, will continue to lead the Company alongside President & Chief Financial Officer Mathew Wilken and the remainder of Hissho’s best-in-class management team. Hissho’s premium sushi is handcrafted daily by local, experienced chefs using high-quality ingredients that are 100% responsibly sourced. Continental Grain Company, a global investor, owner and operator of companies across the food and agribusiness spectrum, participated in the transaction alongside Brentwood.īy partnering nationwide with grocery stores, college campuses, airports, hospitals, corporate offices and government facilities, Hissho offers an innovative menu of classic sushi rolls and chef-created specialties served at a compelling value and in a convenient on-the-go format. The prior ownership group and the management team will remain significant shareholders going forward. Brentwood acquired its majority interest in Hissho from investor Jeff Vinik, Ingleside Investors, Hissho’s founder (Philip Maung), Beem Holdings and management. Founded in 1998, Hissho is the second-largest franchisor of turnkey sushi solutions and is leading the charge on delivering fresh, premium sushi that customers crave. – Brentwood Associates (“Brentwood”), a leading growth-oriented private equity firm, has acquired a majority interest in Hissho Sushi (“Hissho” or the “Company”). Significant growth planned as company seeks to expand its offering of healthy, affordable and sustainably sourced sushi
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