Purchasing Company: Savory Fund
Sold Company: Sicilian Butcher
Price Tag: Undisclosed
As part of the agreement, Savory Fund will invest up to $30 million in the Sicilian Butcher and the Sicilian Baker. Both emerging chains fall under the Maggiore Group, run by married couple Joey and Cristina Maggiore and their business partner, Flora Tersigni.
Savory Fund expects to open almost 20 units in the next four years. The Sicilian Butcher is known for its hand-rolled meatballs, scratch-made spaghetti, and Sicilian-style charcuterie platters, which reach 5-feet long.