The Madera Group, a Los Angeles, CA-based hospitality company, secured $20.85m in funding.
The investment came from Breakwater Management.
Founded in 2013 by Amrou Manaseer and Tosh Berman, The Madera Group develops, owns and operates a collection of restaurant venues through Southern California and Arizona, including Tocaya Organica and Toca Madera.
The company intends to use the funds for the continued geographic expansion of:
– Tocaya Organica, a fresh-casual Modern Organic Mexican concept with 10 locations across Southern California and Arizona;
– Toca Madera, a fine dining establishment that serves premium organic Mexican food coupled with a high-energy atmosphere; and
– Casa Madera, a fine dining and beach lounge concept established in partnership with Caesars Entertainment.