---
schema_version: "secwatch.filing_event.v1"
accession: "0001789940-23-000075"
form_type: "8-K"
ticker: "FWRG"
cik: "0001789940"
company_name: "First Watch Restaurant Group, Inc."
filed_at: "2023-06-27T23:59:59+00:00"
generated_at: "2026-06-13T16:26:42.422965+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# First Watch acquires five franchise restaurants in Milwaukee area

## Summary
- Acquisition effective June 26, 2023 includes all five previously franchise-owned restaurants.
- Corresponding development rights in Milwaukee, Wisconsin transferred to company.
- Transaction funded with cash on hand; no purchase price or financial terms disclosed.
- CEO Chris Tomasso stated restaurants perform similarly to company-owned units.

## SEC filing metadata
- accession: 0001789940-23-000075
- form_type: 8-K
- ticker: FWRG
- cik: 0001789940
- company_name: First Watch Restaurant Group, Inc.
- filed_at: 2023-06-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1789940/000178994023000075/0001789940-23-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1789940/000178994023000075/fwrg-20230627.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001789940-23-000075
- JSON: https://secwatch.observer/filing/0001789940-23-000075.json
- Plain text: https://secwatch.observer/filing/0001789940-23-000075.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.