First Watch Restaurant Group announced that it has acquired, six of its previously franchise-owned restaurants in Omaha, Nebraska."We’re thrilled to share the news of our acquisition of these six First Watch restaurants in greater Omaha. We believe this acquisition — and the acquisition of additional franchise-owned restaurants in the future — will be an important part of our growth strategy going forward," said Chris Tomasso, First Watch CEO and President. "Our teams in the Omaha market have been serving the community for more than a decade, with a people-first approach that I believe truly sets First Watch apart. We’re so proud of their dedication to operational excellence, and we look forward to serving the Omaha area with that same dedication for years to come." The acquisition was funded with cash on hand.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on FWRG:
- First Watch Restaurant Group, Inc. Reports Strong Q1 2023 Financial Results
- First Watch Announces Acquisition of Six Franchise Restaurants
- Is FWRG a Buy, Before Earnings?
- First Watch Restaurant Group, Inc. to Report First Quarter 2023 Financial Results on May 2, 2023
- 3 Best Stocks to Buy Now, 3/27/2023, According to Top Analysts