MEXICO CITY, July 31, 2024 (GLOBE NEWSWIRE) -- Grupo Carolo, a leading name in the Mexican culinary scene with its flagship brands Blanco, Carolo, Casa Ó, La Popular, and Farina, among others, announces an investment exceeding US$30 million from the Mexican private equity fund Kans Capital. This strategic partnership is set to accelerate the expansion of Grupo Carolo, particularly in the United States, through the brands of Eureka Restaurant Group: Eureka!, La Popular, and Amalfi Llama. Grupo Carolo owns and operates over 60 restaurants in the United States and Mexico, with sales of USD$200 million and over 4,000 employees. The company plans to open 40 new restaurants in the next five years, aiming to reach 100 restaurants by 2029. Kans Capital's investment will enable Grupo Carolo to expand its presence in the regions where it already operates and enter new markets. Currently, the company offers a diverse culinary portfolio that includes the innovative American cuisine of Eureka!, the authentic Mexican flavors of La ...