Restaurant investment firm Savory Fund has made an undisclosed investment in Asian street food concept Hawkers.
Hawkers, known for its authentic street food inspired by the hawker stalls of Asia, is now set for further expansion with Savory Fund’s backing.
With a presence in key US markets, Hawkers anticipates expanding its footprint and enhancing customer loyalty in these regions.
Savory Fund’s hands-on approach will help Hawkers accelerate growth while maintaining its focus on community, culinary craft and culture.
The financial details of the partnership remain undisclosed. Legal advisory roles were held by Mayer Brown for Savory Fund and Golenbock, Eiseman, Assor, Bell & Peskoe for Hawkers.
The alliance marks a new chapter for Hawkers, which filed for Chapter 11 bankruptcy protection in September 2024.
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By GlobalDataThe chain successfully withdrew from Chapter 11 in February 2025 after a consensual loan restructure from the previous lender.
Established in 2011 in the US state of Florida, Hawkers has expanded to 15 locations in Texas and the southeast.
Hawkers co-founder and CEO Kaleb Harrell stated: “Over the years, it’s become clear that this brand has the potential to be something bigger than we ever dreamt it could be — and finding the right partner is crucial to achieving that goal. Savory is that partner.
“This isn’t just about capital – it’s about expertise, energy and alignment with a partner who loves the soul of this brand as much as we do. Savory understands what makes Hawkers special — the heart, the hustle and the hunger — and together I know we are headed for something legendary. This is the right team, and this is the right time.”
The investment in Hawkers marks the third addition to the Savory Fund III portfolio, which recently included Bonrue Bakery and South Block.
