KKR acquires minority stake in Lemonade

KKR acquires minority stake in Lemonade

Global private-equity firm will help chain fuel national expansion

The “modern cafeteria” concept Lemonade said Tuesday it has received a minority investment from global private-equity firm KKR that will help fuel accelerated national expansion.

KKR, formerly known as Kohlberg Kravis Roberts & Co. L.P., has more than $98 million in assets under management in 15 countries. It has long been active in the restaurant space, but typically with much larger companies.

Los Angeles-based Lemonade Restaurant Group operates 14 fast-casual re

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