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News 06 Nov. 2015
New York, NY, November 5, 2015 — Chopt Creative Salad Company, represented by Curtis, Mallet-Prevost, Colt & Mosle LLP, received a significant investment from Catterton, the leading consumer-focused private equity firm. Catterton was joined by The Hain Celestial Group, Inc., a leading organic and natural products company.
Curtis lawyers advised Chopt on all business and commercial aspects of the complex 3-way transaction, which included multiple negotiations with multiple parties to the deal.
The Curtis team advising Chopt was led by partner and Private Equity group chair Lawrence Goodman and included associates Douglas Glazer, Sehnaz Gungor and Paisley Kadison from the Private Equity practice, partner Alan Berlin and counsel Kuang-Chu Chiang from the Tax practice and Real Estate partner Martin Forman.
Chopt joins Catterton's other investments include Outback Steakhouse, Mendocino Farms, Build-A-Bear Workshop, Nature's Variety pet food and P.F. Chang's. Hain Celestial has invested in many natural categories with well-known brands including Celestial Seasonings®, Arrowhead Mills®, WestSoy®, FreeBird®, and Empire®.
Chopt, founded in 2001 by Tony Shure and Colin McCabe, is a leader in the rapidly expanding fast casual salad category, with 32 restaurants in New York, Washington, D.C., and North Carolina. “We are extremely excited to continue this journey with Catterton and Hain Celestial as our partners as their passion is as unlimited as our own,' Mr. Shure and Mr. McCabe said jointly.
Curtis is a leading international law firm providing a broad range of services to clients around the world. The firm operates through 17 offices in the United States, Latin America, Europe, the Middle East, and Central and East Asia. For more information about Curtis, please visit www.curtis.com.
Note to EditorCurtis, Mallet-Prevost, Colt & Mosle LLP is a New York limited liability partnership with affiliated partnerships and entities operating in the United States, Argentina, China, England & Wales, France, Germany, Italy, Kazakhstan, Mexico, Oman, Turkey, Turkmenistan and United Arab Emirates.
Martin L. Forman
Douglas Ian Glazer