by Yuki Yu | Oct 18, 2026 | blog, Press
LOS ANGELES, Oct. 15, 2026 /PRNewswire/ — Chubby Group, the company behind Chubby Cattle, Wagyu House, The X Pot, NIKU X, Chubby Skewers, and Chubby Bowls, has announced a $50 million Series A led by Prysm Capital at a $500 million valuation to fund the growth...
by Yuki Yu | Oct 18, 2026 | blog, Press
GEN Restaurant Group has entered into a binding letter of intent to sell operations at 47 restaurants in the US to Chubby Group for $100m. Under the deal, GEN will retain the GEN brand and its Korean consumer packaged goods (CPG) business. Read More...
by Yuki Yu | Oct 18, 2026 | blog, Press
Cerritos-based GEN Restaurant Group said on Wednesday it will sell nearly all restaurant operations to Chubby Cattle Group for $100 million, affecting 47 locations over the next 12 months. The deal marks GEN’s official step away from operating its all-you-can-eat...
by Yuki Yu | Oct 18, 2026 | blog, Press
Gen Restaurant Group has signed a binding letter of intent to sell 47 of its Gen Korean BBQ restaurants to Chubby Cattle Group for $100 million, according to an emailed press release. Given that Gen will retain its consumer packaged goods business and its branding, it...
by Yuki Yu | Oct 18, 2026 | blog, Press
GEN Korean BBQ has signed a binding letter of intent to sell operations at 47 U.S. restaurants to Chubby Cattle Group in a $100 million transaction that would effectively shift the publicly traded company away from restaurant operations and toward its growing CPG...