First Watch Restaurant Group, Inc., the leading Daytime Dining concept, announced that it has acquired six of its previously franchise-owned restaurants, one restaurant under construction and corresponding development rights in Georgia and South Carolina.
“We are excited to welcome our newest teams in Georgia and South Carolina to the First Watch company-owned system and we are thankful for a successful transition from our wonderful franchise partners who began operating their first restaurant in 2018,” says Chris Tomasso, First Watch CEO and President. “We continue to execute on our long-term growth strategy by acquiring 17 franchise restaurants so far this year. We look forward to serving new communities and empowering our new restaurant teams in our You First culture.”
The acquisition was funded with cash on hand.
News and information presented in this release has not been corroborated by WTWH Media LLC.
