Smashburger to use $35 million in capital funding to fuel growth

06/25/2013 | American City Business Journals

Fast-casual franchise Smashburger announced Tuesday that it will receive a $35 million external capital infusion from equity firm Golub Capital that could allow the 210-location franchise to open as many as 80 new locations next year. The company plans to focus on new markets in San Francisco, Washington, D.C., Toronto, the U.K. and Australia.

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