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ARIZONA NEWS

Phoenix-based company behind Postino’s, Joyride to go national

The restaurant group behind Postino WineCafe and Joyride Taco House is looking to soon expand nationwide, the Phoenix Business Journal reported.

(Facebook/
Postino WineCafe)...

(Facebook/ Postino WineCafe)

PHOENIX — Fans of a Phoenix-based restaurant could soon be able to get a bite to eat outside of the Valley.

According to The Phoenix Business Journal, the restaurant group behind Postino WineCafe is looking to soon expand nationwide.

The Phoenix-based Upward Projects has reportedly obtained financial support from Brentwood Associates, a Los Angeles-based private equity firm.

The publication was not able to obtain the terms of the deal, but reported that two of Upward’s founders said it would “allow them to expand Postino into new markets and new cool locations.”

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“Our company is stacked with some of the most talented, innovative and genuine individuals,” Upward’s CEO and co-founder Lauren Bailey told the Journal.

“We owe it to our people to continue to create new opportunities and exciting resources. We spent over a year searching for just the right partner who aligned with our core values and that’s Brentwood.”

Upward Projects is already a major stakeholder in the Phoenix area.

There are currently six Postino WineCafe locations in the Valley and the company also owns the two Joyride Taco House locations in Phoenix and Gilbert and Windsor and Federal Pizza, both of which are in Phoenix.

There is also a Postino WineCafe location in Denver and one that will soon open in Houston.

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