The last time I went deep on a restaurant chain, it kind of blew up on me. As you might remember, I’m a massive Portillo’s fan. They were on their way to Colorado, and in the last six months, they’ve paused their Denver-area expansion plans, … Continue reading Salad and Go? Came and went. The quick rise and fall of drive-thru salads.
Tag: private equity
A Shot at the Public Markets: Suja’s Potential IPO
Suja, a cold-pressed juice company founded in 2012 in San Diego, has evolved significantly, marked by strategic investments and operational challenges. Initially gaining traction through local deliveries, the brand saw substantial backing from investors like Coca-Cola, which ultimately increased its stake to become majority owner by 2016. However, operational inefficiencies and market changes prompted a pivot under new ownership by Paine Schwartz Partners in 2021, focusing on wellness shots and enhancing manufacturing processes. As they aim for an IPO, the company emphasizes growth in its shot category while navigating the competitive beverage landscape.