Eureka! receives investment from KarpReilly

Eureka! receives investment from KarpReilly

Small-box casual-dining chain plots further expansion

Eureka! Restaurant Group LLC has received an investment from private-equity firm KarpReilly LLC to help fund growth, the company said Monday.

Terms of the transaction were not disclosed, and co-CEO Justin Nedelman declined to characterize KarpReilly’s stake in the Hawthorne, Calif.-based casual-dining chain.

Nedelman said the funding will help support the 14-unit concept’s growth plan of adding four to six units per year and the continued building of infrastructure.

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