News

May 2022

Audax Private Debt Provides Financing to Support Brentwood Associates’ Investment in Hissho Sushi

Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support the acquisition of Hissho Sushi (“Hissho” or the “Company”) by Brentwood Associates, a California-based private equity firm focused on consumer and business services.

Founded in 1998, Hissho Sushi is a franchisor of turnkey sushi solutions sold through grocery retailers, universities, airports, hospitals, and government facilities. The Company’s franchisees serve fresh on-the-go sushi at Hissho kiosks across the United States. Hissho Sushi’s 1,000+ franchisees operate 2,000+ points of distribution across 80+ retail partners.

About Hissho Sushi
Headquartered in Charlotte, NC, Hissho Sushi is one of the largest sushi distributors in the country. The Company’s kiosks provide partner locations with a new traffic driver for limited added cost, and serve as a low-cost, employee-light option for franchisees looking to operate small businesses. Through its business, Hissho Sushi aspires to enrich lives, and to inspire all to be great and do good. For more information, visit https://hisshosushi.com/.