September 16, 2014 3:34 AM ET

Hotels, Restaurants and Leisure

Company Overview of Garden Fresh Restaurant Corp.

Company Overview

Garden Fresh Restaurant Corp. owns and operates a network of salad buffet-style restaurants in California, Florida, Arizona, Colorado, Georgia, Illinois, Kansas, Missouri, Nevada, New Mexico, North Carolina, Oregon, Texas, Utah, and Washington. The company’s restaurants offer tossed and prepared salads, dressings, soups, bakery foods, hot pastas and kitchen favorites, desserts, and breakfast items; and gift cards. It also provides catering services for office meetings, luncheons, birthday parties, graduations, picnics, holidays, and house parties. In addition, the company offers an option for food retail online. Garden Fresh Restaurant Corp. was founded in 1983 and is headquartered in San Di...

15822 Bernardo Center Drive

Suite A

San Diego, CA 92127

United States

Founded in 1983

Phone:

858-675-1600

Fax:

858-675-1616

Key Executives for Garden Fresh Restaurant Corp.

Chief Executive Officer
Age: 50
President
Age: 65
Co-Founder
Chief Information Officer
Vice President of Development & Construction
Age: 63
Compensation as of Fiscal Year 2014.

Garden Fresh Restaurant Corp. Key Developments

Garden Fresh Restaurant Corp. Names John Morberg as CEO

Garden Fresh Restaurant Corp. announced that its Board of Directors has appointed John Morberg as its Chief Executive Officer effective immediately. Mr. Morberg has served as the company’s interim Chief Executive Officer since May 6, 2014 and as Chief Financial Officer and General Counsel since January 2007.

Garden Fresh Restaurant Corp. Appoints John Morberg as Chief Executive Officer

Garden Fresh Restaurant Corp. announced that its Board of Directors has appointed John Morberg as its chief executive officer effective immediately. Mr. Morberg has served as the company's interim chief executive officer since May 6, 2014 and as chief financial officer and general counsel since January 2007.

Garden Fresh Announces Successful Financial Restructuring

Garden Fresh Restaurant Corp. announced that it has successfully completed a refinancing of its debt facilities that provides the resurgent company with additional flexibility to drive growth. As part of the refinancing the company announced that its primary ownership group had provided a new cash infusion. The refinancing, which was led by Garden Fresh CFO John Morberg and his team, includes more than $135 million of new capital funding. Proceeds from the refinancing were used to retire existing debt and provide additional liquidity for growth.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
October 31, 2013
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