Gather Holdings has received an investment from the affiliates of MGG Investment Group for its 42 restaurants in Oregon.

The restaurants currently operate under Shari’s Restaurants brand.

Established in 1978, Shari’s Restaurant is said to be one of the largest full-service community restaurants in the Pacific Northwest.

The restaurant chain is known for its hand-finished pies and all-day breakfast menu.

In addition to Shari’s Restaurant, Gather Holdings also owns Coco’s Restaurants brand, whose menu offerings include burgers, breakfast and freshly baked pies to consumers.

Gather Holdings owner Sam Borgese said: “We are pleased to have found a supportive partner in MGG, which recognises the significant value of our Oregon-based portfolio of Shari’s Restaurants.

“MGG has deep knowledge of video lottery gaming operations, which are present in our 42 Oregon restaurants and we look forward to leveraging their expertise as we continue to provide the delicious meals and entertainment our loyal customers expect.”

“This new capital will ensure our restaurants can continue their recoveries from the challenges presented by the Covid-19 pandemic.”

The companies did not divulge the size of the investment.

MGG is a private investment firm founded in 2014 and offers investment solutions to mid-size and growing lower-middle market companies.

MGG managing director Dale Stohr said: “As a capital partner of choice to entrepreneurs, we are pleased to provide Sam and his team with the resources to drive future growth in Gather’s Oregon portfolio of Shari’s Restaurants.”