Next Level Burger has become the largest plant-based restaurant company in the nation by acquiring Veggie Grill, a fast-casual plant-based restaurant brand. With this strategic move, Next Level Burger now has 27 locations across the United States, solidifying its position as a leader in the industry. The acquisition signifies a union of values and commitment to a compassionate future, backed by VegInvest, a vegan investment fund.
Matt de Gruyter, co-founder and CEO of Next Level Burger, will take on the role of CEO at Veggie Grill by Next Level, implementing upgrades such as top-tier sourcing practices and the use of non-GMO ingredients. The goal is to extend Next Level Burger's inclusive team culture to Veggie Grill's workforce, prioritizing living wages and premium benefits. This acquisition, following a recent $20 million funding round by Next Level Burger, marks a significant milestone in their mission to establish 1,000 plant-based restaurants nationwide.
*This summary was generated using AI.
Read Full Article