Advised on sale of leading fast casual Asian brand
Subscribe to Transaction NewsAdvised on sale of leading fast casual Asian brand
Subscribe to Transaction NewsStout served as exclusive financial advisor to Tokyo, Inc. (“Tokyo Joe’s”) on its sale to Salad Collective, LLC (“Salad Collective”).
Founded in 1996 and headquartered in Denver, CO, Tokyo Joe’s is a leading fast casual Asian brand with 27 locations across Colorado and Arizona. Tokyo Joe’s is also a premier restaurant concept within the burgeoning “Better-For-You” segment, one of the fastest-growing food categories in North America. The Company represents an innovative, category-defining brand that is highly differentiated and well-recognized across its core geographic markets. Upon inception, Tokyo Joe’s was characterized as one of the very first fast casual concepts and BFY offerings.
Stout’s Luis Pillich, Mike Krakovsky, Robert von Furth, Andrew Masotta, Adam Lewis, and Nick Darlington executed the transaction. Benesch, Friedlander, Coplan & Aronoff LLP served as legal counsel to Tokyo Joe’s. Jackson Walker LLP served as legal counsel to Salad Collective.