Shari’s, Coco’s and Carrows Crosses the Line to End Hunger

Shari’s Management Corp. Feeds Hungry Locals in 24 Regions and Eight States

Shari's, Coco's and Carrows Crosses the Line to End HungerShari’s Management Corporation which oversees 153 locations and three brands including Shari’s Restaurants, Coco’s Restaurants and Bakery, and Carrows Restaurants, is launching a widespread Hunger Action Month effort that will cross eight state lines to end hunger in local communities. The campaign will run in collaboration with 24 local Feeding America affiliated food banks throughout the Pacific Northwest, California, Arizona, and Southern Nevada, September 1 – 30, 2018. While Shari’s is not new to feeding the hungry through larger Feeding America food banks, like the Oregon Food Bank, this initiative marks the first of many multi-state efforts Shari’s Management Corporation will make in the years to come to help feed millions of individuals – the most vulnerable being children and the elderly – who are food-insecure.

Sam Borgese, CEO of Shari’s Management Corporation, stated, “It is always gratifying to collaborate with new and old friends at Feeding America food banks throughout the west coast and southwest. Ending hunger is a passion of ours, particularly in the face of the facts that 83% of the food in the restaurant industry goes to waste while 41 million people in the U.S. – nearly all living below federal poverty levels – struggle with hunger every day. That is simply unacceptable and it’s solvable.”  Borgese explained, “This is why we’re launching our ‘Shari’s Cares,’ ‘Coco’s Cares’ and ‘Carrows Cares’ Hunger Action initiatives in collaboration with several Feeding America Food Banks starting September 1, 2018.” He continued, “We can do our part to help end hunger not only during the entire month of September – which is Hunger Action Month – but also on an ongoing basis throughout this year and every year going forward.” Borgese mentioned that his teams are collaborating to finding ways to safely distribute restaurant food surpluses to those in need and that Shari’s Management Corporation is also planning several team volunteer events to help distribute food to those at risk for going hungry.

Shari’s Management Corporation invites all of our guests and friends to share in our effort to combat hunger. To learn more or to donate, please visit, https://www.sharis.com/hunger-action or http://cocosbakery.com/hunger-action or http://carrows.com/hunger-action

Shari's, Coco's and Carrows Crosses the Line to End Hunger

Feeding America is the nation’s largest domestic hunger-relief organization. Thanks to donations and support from businesses, government organizations and individuals like you, the Feeding America network of food banks, pantries and meal programs serve virtually every community in the United States — 46 million people, including 12 million children and 7 million seniors.  Feeding America is particularly proud to say that 98% of all donations raised go directly into programs serving people in need. to learn more, please visit: FeedingAmerica.org/about-us/why-feeding-america/.

Shari’s began in Hermiston, Oregon in 1978 with Ron and Sharon Bergquist as proprietors. By 1999, Shari’s Restaurants had grown to be the ninth largest family restaurant chain in the United States in total sales and sixth in growth. Since that time, Shari’s has continued its growth under the recent reins of CapitalSpring which acquired the enterprise in 2016. Currently, Shari’s continues to enjoy a fine reputation in family dining in 93 locations throughout the Northwest U.S. Shari’s welcomes guests of all ages to enjoy locally-sourced ingredients served in deliciously-prepared meals specially created for those who crave comfort food and scrumptious pies. Visit Shari’s at https://www.sharis.com to order online or to find a Shari’s location near you.

Founded in 2005, CapitalSpring is a private investment firm focused exclusively on the restaurant industry. The Firm currently manages assets of approximately $1.3 billion and has completed investments in over 50 different restaurant brands and more than 4,000 restaurant locations. CapitalSpring focuses on supporting proven restaurant operators with a range of structured credit and private equity solutions and has offices in Nashville, LosAngeles, Atlanta, and NewYork. For more information about CapitalSpring, please visit www.capitalspring.com.