"Our mission as a company has always been to nourish and inspire every guest, team member and community we serve, and to better do that we had to invest in our core values…to help Noodles become the best place to work in the industry.”
- Dave Boenninghausen, CEO Noodles & Company
About Noodles & Company
Founded in 1995, Noodles & Company is a fast-casual restaurant chain serving noodles-based cuisine in approximately 450 owned and franchised locations. Noodles has restaurants in more than 30 states, with core markets in Colorado and the Midwest. Noodles uses high-quality ingredients and a cook-to-order service model to produce a distinctive, internationally inspired menu.
Mill Road first met with Noodles in 2010 and increasingly developed its understanding of the company after its 2013 IPO. Seven years of diligence positioned Mill Road to identify a balance sheet risk and approach the company with a capital solution. Mill Road subsequently signed an NDA and finalized a quick and simple investment in the company.
Investment Type
Structured Investment
Investment Status
Current
Website
www.noodles.com
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