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Postino group reaches private equity deal to fund expansion

Postino112917Phoenix-based Upward Projects restaurant group has reached a deal with Los Angeles private equity firm Brentwood Associates to expand its Postino Winecafe concept nationally.

Upward Projects’ concepts also include Joyride Taco House, Federal Pizza, Windsor, and Churn.

But it is Postino, the group’s original concept, that is most popular. There are six locations in the Valley and another in Denver. A Houston location is scheduled to open in 2018.

Postino offers a simple menu of panini, bruschetta, and inexpensive wines by the glass in a casual, neighborhood atmosphere.

Brentwood is best-known as a backer of Blaze Pizza and Zoe’s Kitchen.