Major financial decisions rarely manifest overnight and all too commonly require weeks and months of planning. Mark Hauser is the founder and co-Managing Partner at Hausr Private Equity, where he utilizes his skills to assist businesses in finding private equity funding.
Mark Hauser has been working in the private equity arena for 35 years across many different industries, plying his trade to the tune of more than $650 in capital in privately owned businesses.
Hauser Private Equity recently had two major financial stories on the news worth taking a peek at, so let’s look closer.
Dominion Voting Systems Lawsuit
It was 2018 when Staple Street paid more than $38 million to acquire a 76% ownership stake in Dominion Voting Systems. Mark Hauser of HPE helped to facilitate that deal, joining a few other funding experts in acquiring the money necessary. In 2020, widespread and defamatory claims of voter fraud ran rampant, with Fox Corporation becoming a primary proprietor of those claims.
Dominion Voting System would end up suing Fox Corporation for more than $1.6 billion in damages, eventually settling for $787 million. While Dominion and Staple Street did not send a comment on the story, Mark Hauser of Hauser Private Equity weighed in afterward.
Mark Hauser said of the deal, “We’ve had a relationship with Staple Street since 2014 and think highly of their management team.”
Hauser went on to add, “We are very pleased with the outcome and think that Staple Street has handled the situation very well on behalf of their investors.”
Cava Finds The Right Notes
Cava is a popular fast-casual dining establishment that specializes in Mediterranean food made from fresh, locally sourced ingredients. The company has been growing since it first hit the ground, recently announcing its intention to go public by filing the proper paperwork with the SEC.
Cava has helped to foster a huge following in the intervening years since it opened its doors in 2011, growing to 100+ locations. The move was considered significant for the company though the exact details of the IPO have not been shared with the public yet.
The IPO is going to give Cava the additional funding capital it needs in order to invest in expanding operations throughout the nation. The funds will also work toward innovation in the menu offerings as well as the overall customer experience.
Mark Hauser touts many different reasons for the company’s success, though he largely points to the culinary excellence of the brand as well as its strong identity with followers. Hauesr touts the original investment into the company through HPE as one of the many examples of their unwavering focus on the hospitality industry.
