Deal Snapshot
Sortis Holdings Acquires Sustainable Restaurant Group Out of Bankruptcy
Friday 31 July 2020

Oregon, US-based investment firm Sortis Holdings, Inc. (OTC: SOHI) and its USD 50m Sortis Rescue Fund have acquired US Sustainable Restaurant Group (SRG), owner of sustainable sushi restaurant, Bamboo Sushi, out of bankruptcy, the company said.

Sortis, in conjunction with its Sortis Rescue Fund, acquired SRG and will assume full operational control. A hearing held earlier this month in Delaware approved the plan that brings Bamboo Sushi, to the firm. Bain Capital Double Impact and Kitchen Fund previously led a strategic investment in SRG in 2018 and have reinvested in the company.


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Details
Date Published: 31/07/2020

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