First Watch acquires 6 franchise restaurants in Omaha, effective May 1

First Watch Restaurant Group, Inc.

Acquisition of six previously franchise-owned First Watch restaurants in Omaha, Nebraska, effective May 1, 2023.
Transaction funded with cash on hand; no debt or equity issuance disclosed.
CEO Chris Tomasso highlighted this as part of a strategy to acquire additional franchise restaurants.
The Omaha restaurants have been operating for over a decade and are expected to continue under company ownership.

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