Illinois-based investment firm Granite Creek Capital has invested in Pinstripes, a concept restaurant with spaces for bowling and bocce.
Pinstripes plans to utilise the proceeds from the investment to finance its expansion plan.
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The restaurant chain currently operates 13 venues and has six more under construction. The latter are expected to be open within the next year.
Pinstripes was established in 2007 and claims to be growing rapidly across the US. The restaurant concept combines made-from-scratch dining, face-to-face gaming and its signature service. It employs a workforce of nearly 1,500.
Pinstripes offers a full-service Italian-American food and beverage menu, along with multi-generational activities throughout the week.
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The restaurant chain noted that its spacious venues can accommodate groups of 20. For private events, parties and celebrations, it can hold up to 1,000 people.
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By GlobalDataGranite Creek partner and co-founder Brian Boorstein said: “Pinstripes has created a unique and exciting family entertainment concept that provides a variety of activities that everyone can enjoy.
“The quality and attention to detail found at every Pinstripes location across the country is a direct testament to the passion of the team and their ability to consistently deliver upscale dining combined with fun, interactive experiences.”
Pinstripes founder and CEO Dale Schwartz said: “With new construction underway at six new locations across three states, we are excited to replicate the success that we have seen at our existing venues.
“As we move into this next phase of growth, investments such as Granite Creek’s are instrumental to our expansion efforts.”
The items on the menu are claimed to be prepared from scratch ranging from wood-fired pizzas to seasonal gelato. It also uses locally sourced ingredients in every dish.
Pinstripes also offers select wines, rotating craft beers from local breweries and a variety of handcrafted cocktails.
