General Assembly Holdings Limited (“GA Pizza”), a local Toronto restaurant turned successful consumer packaged goods brand in the direct-to-consumer home-meal solutions space, closed an oversubscribed $13 million Series A financing round, far exceeding its $3.5 million target. Gravitas Securities Inc. led the financing, securing a strong and diverse shareholder base for the omnichannel brand that launched its pizza subscription business at the tail end of 2020.
Minden Gross LLP acted for Gravitas Securities Inc. in connection with the offering with a team led by Andrew Elbaz (Partner), Alexander Katznelson (Associate), and Darren Nguyen (Associate) – Securities and Capital Markets.
Read the media release here: General Assembly Pizza Closes $13 Million Series A Financing Round (newswire.ca)
