Chase Hospitality Group to Expand Planta Banner

The lounge at Planta Queen in Toronto (Elaine Fancy)

TORONTO — Chase Hospitality Group (CHG) has completed a private placement for total gross proceeds of $30 million. The proceeds are intended to be used to build out the company’s plant-based restaurant banner, Planta.

Founded in 2012, CHG owns and operates eight restaurants in Toronto, one in Miami and has a national partnership with Holt Renfrew, operating an additional 5 restaurants within its stores across Canada.

Canaccord Genuity acted as financial advisor to CHG for the private placement.

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