PORTLAND, Ore. ( KOIN ) – Burgerville announced a new ownership deal with a group of local investors to help deepen its roots in the Pacific Northwest.
On May 3, the burger chain said the partnership includes Burgerville CEO Ed Casey and former Dutch Bros. CEO Joth Ricci, who will receive an ownership stake.
The Mears family, who founded Burgerville, will remain shareholders, the company announced.
“Burgerville’s mission has always been to serve our local communities with love, and in recent years, our strategy has been to prepare to grow across the Northwest,” Casey said. “To do that, the Mears family and I wanted to team up with local partners who share our values and vision for Burgerville – and that’s just what we found.”
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The company plans to open as many as 10 restaurants over the next year in the Pacific Northwest, including restaurants in Salem, Keizer, and Washington state. Burgerville will open its 40th restaurant in Wilsonville later in 2024.