Mo’ Bettahs Hawaiian Style Food, a fast-growing fast-casual restaurant chain, has been acquired by a pair of national private equity firms. Lehi-based Savory Fund sold the 54-location chain to Blue Marlin Partners of Bethesda, Maryland, and Trive Capital of Dallas. Both Savory Fund and Mo’ Bettahs’ founding brothers Kimo and Kalani Mack will retain significant minority stakes.
Mo’ Bettahs was founded in 2008 in Bountiful by the Hawaii-born Mack brothers. In 2017, it was acquired by Savory Fund, a private equity firm that invests in emerging restaurant concepts. Since the Savory Fund acquisition, the chain has grown from six stores to 56 restaurants in Please log in to see the rest of this story.
