IN THE LATEST EPISODE OF THE HOSPITALITY HANGOUT PODCAST, MICHAEL SCHATZBERG “THE RESTAURANT GUY” AND JIMMY FRISCHLING “THE FINANCE GUY” SIT DOWN WITH Kimberly Grant, the co-sponsor and chief strategy officer at FAST Acquisition Group, to explore her rise in the restaurant industry, and what lies ahead for FAST.
FAST Acquisition Group is a special purpose acquisition company (SPAC) servicing the restaurant industry. On February 1st, the company announced that an agreement has been reached with Landry’s to take the company public in a $6.6 B transaction.
With FAST, Grant hopes to invest in a growing restaurant business in the industry with a proven track record of success. “We are doing the SPAC not in spite of COVID, but because of COVID,” adds Grant. “We believe there’s an incredible opportunity to invest in great brands. Between the three of us [at FAST], we’ve opened over 2,000 restaurants in the country. We bring a lot of experiences, wisdom, mistakes—everything that we can draw on to help a company.”
Tune in to learn more. You can subscribe and listen to Hospitality Hangout Podcast on Spotify or directly on the Foodable Network.
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