PE-backed Kahala acquires Maui Wowi Hawaiian brand
Kahala Brands has bought Maui Wowi Hawaiian, a smoothie and coffee franchise business based in Denver, Colorado. No financial terms were disclosed. Kahala, a quick-service restaurant franchising platform, said the acquisition increases its list of smoothie concepts to four widely recognized brands and to 17 brands in the entire portfolio. It plans to consolidate operations and run franchising activity for the Maui Wowi brand from its headquarters in Scottsdale, Arizona. Kahala is a portfolio company of Canadian private equity firm Serruya Private Equity, which invests on behalf of the Serruya family. It is also backed by the Delavaco Group.
4 November 2015•3 mins read
