Green Touch Builders | A fast-growing restaurant group sells more than $50 million in equity
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April 20, 2015 By SEO Admin

A fast-growing restaurant group sells more than $50 million in equity

The D.C.-based restaurant group behind fast-growing, fast-casual Cava Grill may have raised $16 million in new capital earlier this month, but a recent regulatory filing shows the sale of significantly more equity in the company.

Cava Group Inc., has sold more than $50 million in equity to 55 investors, according to an April 16 filing to the Securities and Exchange Commission. That amount appears to include the $16 million in new funding the company announced April 1, given that no separate document…