Hauser Private Equity has been a major player in the private equity space since the company first opened its doors more than 25 years ago. Mark Hauser of Hauser Private Equity is a leading equity investor and fund manager, having spent nearly four decades of his life in the field. Working with HPE’s five funds, Hauser has overseen $650 million in capital raised across a diverse set of industries.
Mark Hauser recently enjoyed two headlining investments as they sought space atop the news.
Dipping Into Cava’s IPO
Cava is a fast-casual dining experience that seeks to connect hungry shoppers to the Mediterranean food that they are looking for. Cava garnered acclaim early on in its growth thanks to its focus on quality ingredients, a customizable menu, and a reliance upon technology. Rebounding nicely from the COVID-19 pandemic, Cava announced its initial public offering intentions after filing the appropriate paperwork with the SEC.
Mark Hauser and HPE had been one of many private equity investors who had bought into what the restaurant was attempting to do. Beginning as a relatively small local chain, Cava has enjoyed explosive growth since 2011 up to the 100+ locations they enjoy today.
Understanding how competitive the industry is, Mark Hauser always looks for opportunities to do something special. Cava was a concept that was different enough from other fast-casual market offerings, and that helped it to stand out in the crowd.
The Dominion Voting Machine Settlement
Following the 2020 Presidential Election, rampant claims of voter fraud muddied the waters, with Fox News Corporation often leading the charge. Dominion Voting Systems would end up suing Fox News for their defamatory comments, eventually asking for $1.6 billion in damages. The company would eventually settle with Fox News for $787 million and an additional apology and clarifying statement.
Mark Hauser stated of the settlement, “We are very pleased with the outcome.”
2018 Dominion Voting Systems would sell 76% of its stake to Staple Street for $38.3 million. The purchase was fueled by private equity investors, including Hauser Private Equity. Staple Street had to acquire more than $260 million in private equity funding from Traveler’s Insurance, the University of Arizona, and Hauser Private Equity.
Hauser would go on to say, “Staple Street has handled the situation very well on behalf of their investors. We’ve had a relationship with Staple Street since 2014, and I think highly of their management team.”
About Mark Hauser
Prior to his work at Hauser Private Equity, Mark Hauser had been employed at Reynolds Dewitt Securities as their Vice President. Mark Hauser also serves on multiple Boards of Directors while focusing on industries such as digital advertising, consumer goods, and food and beverage.
