Portfolio Company News: Lazy Dog Restaurant & Bar
Lazy Dog Restaurant & Bar, the popular West Coast restaurant concept known for its eclectic menu of memorable family favorites reinterpreted with bold new flavors, announced that Brentwood Associates, a leading consumer-focused private equity firm, has made a significant investment in the family-run company.
CEO and founder Chris Simms will continue to lead the existing management team and expects to continue to grow the Lazy Dog brand into one of the nation’s leading casual dining restaurant companies.
“The most important thing about the investment is that it’s an opportunity to partner with what I consider to be really great restaurateurs,” said Rahul Aggarwal, Brentwood’s managing director, in an interview with Dow Jones. “At the end of the day, restaurants are people businesses and these are people that we have all the confidence in the world in.”
Lazy Dog represents the fifth investment the firm has made in the restaurant industry in the last decade.
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