Burgerville announces new ownership deal, plans to expand in PNW

COURTESY PHOTO: BURGERVILLE

PORTLAND, OregonKOIN) – Burgerville announced a new ownership deal with a group of local investors to help it deepen its roots in the Pacific Northwest.

On May 3, the burger chain said the partnership included Burgerville CEO Ed Casey and former Dutch Bros. CEO Joth Ricci who would receive an equity stake.

The Mears family, founders of Burgerville, will remain shareholders, the company announced.

“Burgerville’s mission has always been to serve our local communities with love, and in recent years our strategy has been to prepare to expand across the Northwest,” Casey said. “To do this, the Mears family and I wanted to team up with local partners who share our values ​​and vision for Burgerville – and that’s exactly what we found.” »

The company plans to open up to 10 restaurants over the next year in the Pacific Northwest, including Salem, Keizer and Washington state. Burgerville will open its 40th restaurant in Wilsonville later in 2024.

“Burgerville has been a pioneer in sustainability and local produce long before it became a buzzword in the industry,” Ricci said. “I’m excited to be able to play a role in the next stage of Burgerville’s journey.”

“The new group of investors has deep ties to the Pacific Northwest and is committed to Burgerville’s mission of sustainability and premium quality,” added Casey. “Their commitment to the company and its values ​​will ensure that Burgerville remains the local and community favorite that it has always been.”