Rose’s Restaurant gets $5.2M for expansion

PORTLAND Ore. An infusion of $5.2 million in venture capital has boosted growth plans for the five-unit Rose’s Restaurant and Bakery chain, based here, according to news reports.

The investment comes from Portland-based Aequitas Capital, allowing Rose’s officials to plan for up to four new restaurants in the metropolitan area, beginning next year.

Rose’s chief executive Jeff Jetton told The Oregonian newspaper that the company may eventually expand to 20 locations throughout the Northwest.

Rose’s has four Oregon locations, as well as a unit in Vancouver, Wash. Founded in 1956, Rose’s is known for its deli-style American cuisine.