FundComb
Confirmed Control (100%) Closed Transaction verified ConsumerFast CasualFast Casual Mediterranean Restaurant ChainFood & BeverageRestaurants

Zoës Kitchen, Inc. acquired by CAVA Group, Inc.

CAVA Group, Inc. acquired Zoës Kitchen, Inc., a US fast casual mediterranean restaurant chain brand, on Aug 17, 2018.

Transaction summary

Target
Zoës Kitchen, Inc.
Acquirer
CAVA Group, Inc.
Seller
-
Announced
2018-08-17
Geography
United States
Tags
ConsumerFast CasualFast Casual Mediterranean Restaurant ChainFood & BeverageRestaurants
Type
Take Private
Deal type
Control
Stake acquired
100%
First added
2026-10-04
Latest update
2026-10-04

Value and multiples

100% enterprise value

USD 300M

100% enterprise value | USD

Basis: Public source

Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.

EV / revenue

0.96x

Period: varies by source

Basis: Derived from source data

EV / EBITDA

16.3x

EBITDA: normalised / adjusted

Basis: Public source

Basis

  • USD 300m enterprise value is treated as publicly disclosed or derived directly from public source data.
  • Valuation covers 100% of the target; the amount invested or paid for a stake is separate.
  • Implied EV / revenue is 0.96x, calculated from USD 300m value and USD 314m revenue.
  • Revenue and multiple inputs are not fully disclosed in public transaction materials reviewed; treat the multiple as an estimate.
  • FY2017 revenue USD314.101m from annual filing. EV / FY2017 revenue approximately0.96x derived. Proxy reports16.3x EV/LTM Adjusted EBITDA for preliminary LTM ended July9,2018; different period from revenue. Announced whole-company value approximately USD300m. EBITDA scalar remains unknown. Reported standalone16.3x EV/LTM EBITDA from the merger proxy; not derived from FY2017 EBIT. FY2017 revenue USD314.101m from annual filing. EV / FY2017 revenue approximately0.96x derived. Proxy reports16.3x EV/LTM Adjusted EBITDA for preliminary LTM ended July9,2018; different period from revenue.

Source summary

Zoës Kitchen, Inc. to be Acquired by CAVA Group, Inc.

Confirmed

an enterprise value of approximately $300 million

Open source

CAVA Announces Completion of Zoës Kitchen Acquisition

Confirmed

has completed its acquisition of Zoe’s Kitchen, Inc.

Open source

Zoës Kitchen Definitive Proxy Statement

Confirmed

Merger Consideration Implied Multiple: EV / LTM EBITDA

Open source

Zoës Kitchen, Inc. to be Acquired by CAVA Group, Inc.

Confirmed

FOR IMMEDIATE RELEASE August 17, 2018 , Plano, TX: Zoe’s Kitchen, Inc.

Open source

Zoës Kitchen, Inc. to be Acquired by CAVA Group, Inc.

Confirmed

to be acquired in a transaction by privately held Cava Group, Inc.

Open source

Zoës Kitchen, Inc. to be Acquired by CAVA Group, Inc.

Confirmed

an enterprise value of approximately $300 million.

Open source

CAVA Announces Completion of Zoës Kitchen Acquisition

Confirmed

November 21, 2018 , Washington D.C. : CAVA Group Inc.

Open source

CAVA Announces Completion of Zoës Kitchen Acquisition

Confirmed

The acquisition will bring Zoës Kitchen into the private market

Open source

Document

Confirmed

December 25, 2017 December 26, 2016 Dollars Percentage (Dollars in thousands)

Open source

Document

Confirmed

Total revenue 314,101 275,963 38,138 13.8 %

Open source

Zoës Kitchen Definitive Proxy Statement

Confirmed

Merger Consideration Implied Multiple: EV / LTM EBITDA Implied Multiple Reference Range: EV/ LTM EBITDA 16.3x

Open source