Hospitality group SBE has acquired a significant equity stake in the Umami Restaurant Group in a strategic partnership that will join two of Los Angeles’ hottest restaurant operators, officials announced Friday. Terms of the deal were not disclosed, but SBE is joined in the investment by Nimes Capital, a Los Angeles-based private-equity firm with family and investment ties to SBE. Umami Restaurant Group was founded by Adam Fleischman, who remains chief executive and continues as ...
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