News: Via 313 Process Had Multiple Private Equity & Family Office Bidders
October 15, 2020
Investment banker Susan Miller of Morgan Kingston told the Monitor there were multiple private equity and family office bidders—the “usual suspects,” as she described them, bidding for Via 313, the Austin-based pizza chain their firm recently sold to Andrew Smith’s Savory Fund. Via 313 has three locations, two mobile trailers and sales of roughly $12 million. According to Miller, “Via 313 generates some of the strongest unit economics I have come across in my career. The founders are also very savvy when it comes to technology and financial reporting, which allowed us to run a very efficient sale process.” For more information about Morgan Kingston’s investment banking practice, contact Miller at smiller@morgankingston.com.