UFood Restaurant Group, Inc. announced it has received proceeds of a Private Placement offering in the amount of $2,226,330.
This is the second and final round of capital acquistion for the company. They have, to date, raised capital via private placement memorandum in the amount of $5,070,380. The first round was completed on March 20, 2009 in the amount of $2,844,050.
About UFood Restaurant Group, Inc.
Headquartered in Boston, MA, UFood Restaurant Group, Inc. is a franchisor and operator of fast-casual food service restaurants. UFood Grill offers a healthy lifestyle alternative to consumers in the fast-casual restaurant space and is positioned to become a leading player in the “better-for-you” quick serve restaurant category.
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