The Invus Group to Invest in CAVA
08.22.18
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Simpson Thacher is representing funds advised by The Invus Group in connection with an announced equity investment, along with Act III Holdings, in Cava Group, Inc. The investment will be used to finance the pending acquisition of Zoe’s Kitchen, Inc. by CAVA. Completion of the acquisition is subject to certain closing conditions and is expected to close in the fourth quarter of 2018.
Invus is a private investment firm based in New York that benefits from an evergreen investment structure managing family capital with a long-term strategic perspective.
The Simpson Thacher team includes Chris May, Anthony Vernace, Jim Cross, Tyler Cox, Kyle Kreshover and Ngozi Nezianya (M&A); and Marcy Geller and Kelli Rivers (Tax).