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Latham & Watkins Advises Just Salad on $200M Funding Round

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Posted: 25th February 2025
Richard Sanders
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Latham & Watkins Advises Just Salad on $200M Funding Round.

Just Salad, a fast-casual dining chain committed to promoting health and sustainability, has announced a major milestone in its growth journey. The company has successfully secured $200 million in funding from a group of investors led by Wellington Management.

Other prominent investors, including D1 Capital Partners, Neuberger Berman, and Stripes, also participated in this funding round. This latest investment values Just Salad at approximately $1 billion.

The funds raised will be instrumental in fueling Just Salad’s expansion plans. The company aims to use the capital to open new locations and enhance its market presence. As more customers become conscious of health and sustainability, Just Salad is poised to cater to the growing demand for nutritious, environmentally friendly food options.

In addition to opening new restaurants, the funds will be allocated toward advancing Just Salad's menu development, integrating cutting-edge technology, and elevating the customer experience. As the company continues to innovate and refine its offerings, it remains committed to its core mission of making healthy, sustainable food accessible and enjoyable for all.

To facilitate this significant investment, Just Salad has enlisted Latham & Watkins LLP, a prestigious law firm with expertise in corporate transactions. The legal team advising the company is led by New York partners Eli Curi, Marc Jaffe, and Ian Schuman. They are supported by associates Nick Gonzalez, Mik Bushinski, and Emma Mayberry. Additionally, Washington D.C. partner Andrea Ramezan-Jackson provided guidance on tax matters, while Boston partner Josh Friedman offered expertise on employee benefits.

Since its founding, Just Salad has built a reputation for offering healthy, delicious meals made with fresh, responsibly sourced ingredients. The company’s commitment to sustainability is evident in its operations, from its eco-friendly packaging to its efforts to reduce food waste.

With the new funding, Just Salad is set to further its mission of offering a convenient, nutritious dining experience that is good for customers and the planet. As the fast-casual dining industry continues to evolve, Just Salad’s innovative approach to health and sustainability positions it for even greater success in the years ahead.

Just Salad is a fast-casual dining chain that champions health, sustainability, and delicious meals. Known for its wide range of customizable salads, wraps, and bowls, the company emphasizes fresh, locally sourced ingredients and eco-conscious practices. With a mission to make healthy food accessible and sustainable, Just Salad offers an array of plant-based options and environmentally friendly packaging. The company is committed to reducing food waste and promoting a greener future, making it a go-to choice for individuals who care about both their health and the planet.

Latham & Watkins LLP is a leading global law firm known for its expertise in corporate, litigation, and transactional law. With over 2,000 attorneys in 14 countries, the firm advises clients across a wide range of industries, including technology, healthcare, finance, and energy. Founded in 1934, Latham & Watkins is renowned for its work with emerging companies, offering legal solutions for startups and growth-stage businesses. The firm’s Emerging Companies & Growth team helps navigate complex legal matters related to business formation, financing, and scaling, making it a trusted partner for innovative companies worldwide.

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