Shari's, Coco's And Carrows Raise Over $62,000 For Local Food Banks

PORTLAND, Ore., Oct. 8, 2018 /PRNewswire/ -- Shari's Restaurants, Carrows Restaurants, and Coco's Restaurants and Bakery, are thrilled to announce that between the three brands, the restaurants have raised over $62,000 during its Hunger Action Month Campaign that aims to end hunger in local communities. This effort, according to Feeding America statistics, helped feed up to 620,000 people. This month-long campaign was in collaboration with 24 local Feeding America-affiliated food banks throughout the Pacific Northwest, California, Idaho, Arizona, and Southern Nevada.

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 that 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.

"Hunger strikes every community we serve so it is especially gratifying for me to see that our guests recognized this community need and responded to our Hunger Action Month fundraising efforts, which turned out to exceed our expectations," said Sam Borgese, CEO of Shari's Management Corporation (SMC). He continued, "Ending hunger is a passion of ours and we will strive to contribute all we can to end hunger and limit the amount of food waste in our industry." John Iannucci, SVP of SMC Operations, agreed that the restaurant teams in all of their SMC brands recognized the need to do their share to end hunger: "Although our restaurant servers were the tip of the spear that raised the funds," he said, "it was a full-restaurant team effort that produced such exceptional results. I couldn't be more pleased with their initiative and engagement during this campaign."  Borgese mentioned that his teams are collaborating to find additional 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 who are food-insecure.       

Shari's Management Corporation thanks all of their guests and friends that shared in their effort to combat hunger during Hunger Action Month. To learn more about Shari's and its other efforts, please visit, https://www.sharis.com/.

About Feeding America
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 — over 46 million people, including over 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/.

About Shari's
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.

About CapitalSpring
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, Los Angeles, Atlanta, and New York. For more information about CapitalSpring, please visit www.capitalspring.com.

SOURCE Shari's Management Group