Wednesday, January 9, 2013

Five Guys plans to raise $15M - Nashville Business Journal:

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Lorton, Va.-based which awards franchise right s to locations of theburger joint, has filedd a Notice of Exempt Offering of The company is privately held. Five Guys has recently enjoyed attention from both President Barackl Obama and First LadyMichelle Obama, who separatelty made high-profile visits The president's sojourn was captured on camera by NBC, whicnh was following him around for a profil e piece. The document does not specify why the money isbeingg raised. According to the filing, Five Guys has alread raised $10 million of the $15 milliohn it is trying to raise.
Named in the documeny are Victor andJane Murrell, both executive officeres and directors for the company, as well as directorss James Murrell, John Kim and H. Scott Spokeswoman Molly Catalano said she did not have specifi c details on how the capital would be but said that it was forthe company's generap business operations. The filing says the offeringy is not being made in connectionn witha merger, acqiusition or exchangre offer. The company’s creator, Jerry opened the first Five Guys asa carry-out operation in in a shopping centetr on Glebe Road in After opening five corporate locations in the D.C. the company decided to franchisein 2002.
The fast-casual burger concept now has more than 300 locations in25

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