When Bushfire Kitchen set out to bring globally inspired, high-quality meals to Southern California diners at an accessible price point, the vision was rooted in family and passion. Founded in 2012 in Temecula, California, by CEO Oliver Barwin’s father and cousin, the “elevated fast casual” brand quickly earned a loyal following for its high quality, chef-driven, vegan-friendly menu. But when it came time to expand beyond a handful of locations, Barwin knew the brand needed more than capital — it needed a true strategic growth partner.

That’s where CapitalSpring came in, one of the longest-standing restaurant-focused investment firms in the U.S.

From Family Roots to a Growth-Focused Future

“The brand was really a passion project for my dad at the time,” Barwin said. “When I took over just before COVID, we had four locations. I had left my career on Wall Street because I truly believed the brand had legs to grow.”

To achieve that growth, Barwin and his team ran a selective process to find an investor who would bring strategic expertise, not just funding. “It made a lot of sense to find the right partner,” he said. “We weren’t just raising capital; we wanted someone who could add value beyond writing a check. That’s how we got in touch with CapitalSpring.”

After building a relationship, the partnership culminated in an investment from CapitalSpring in 2022 — and the results speak for themselves. “We’ve doubled in size since then,” Barwin said. “We’re about to open our 10th unit and will continue to accelerate our growth over the next few years.”

Why CapitalSpring Was the Right Fit

CapitalSpring has completed more than 300 investments across more than 90 brands and deployed nearly $4 billion in capital over its 20-year history. Its deep operational expertise, particularly in foodservice and franchising, made it a natural fit for a growing brand like Bushfire Kitchen.

“We knew they brought industry expertise and relationships that could expand beyond the opportunity,” Barwin said. “Jim Balis is a true operator as well as an investor — he’s run a number of different restaurant brands and grown them properly. A lot of other investors don’t have that kind of experience or expertise.”

Barwin also emphasizes how the partnership aligned with Bushfire’s family values. “We’re a family business, and we felt the people at CapitalSpring shared those same values,” he said. “The deal was structured the right way — it allowed us to grow and maintain our business the way we wanted to without sacrificing quality.”

The Power of Partnership: Real Estate, Supply Chain and Technology

The partnership has paid dividends across multiple fronts.

To start, Barwin says real estate has been a key advantage. “You can’t grow without the right locations,” he said. “Having CapitalSpring as an institutional investor behind us gave landlords a lot more confidence — especially in Southern California, which is a very competitive market. Having their name behind us allowed us to grow without signing a bunch of personal guarantees.”

Similarly, supply chain support has been crucial as well. “They’ve had a helpful impact through their network and leads,” Barwin said. “We’ve been able to renegotiate supply chain contracts and find savings through their scale — food costs, packaging costs and more.”

As an operator with a modern mindset, Barwin has overhauled Bushfire Kitchen’s tech stack — from Toast POS and Restaurant365 to Zenput for training and operations. “CapitalSpring works with a lot of vendors,” he said. “It’s been helpful to have a sounding board to find the right solutions. When you make tech decisions, you want to go with someone who’s done it before.”

Elevated Fast Casual, Refined for Scale

Barwin describes Bushfire Kitchen as “elevated fast casual” — a hybrid between the affordability and speed of counter service and the hospitality and ambiance of full-service dining. “We’re providing great, high-quality food at an affordable price point,” he said. “But we also provide the experience that most fast casuals neglect. You’re paying fast casual prices, but getting the feel of a full-service restaurant.”

That premium-yet-approachable positioning, combined with CapitalSpring’s strategic and financial backing, has positioned the brand for long-term success.

“Looking ahead, we want to accelerate growth — hopefully 40% next year,” Barwin said. “By 2027, we plan to expand further in California and out of state to bring the brand to new markets. As you grow, the people around you and the team are critically important. Having CapitalSpring there — and being able to leverage their network to find the right people — has been great.”

For more information on CapitalSpring, visit: https://1851franchise.com/capitalspring/info.

The statements above represent the opinions of founders and senior executives of portfolio companies in which private funds advised by CapitalSpring have invested. These individuals are not clients of CapitalSpring and have not received any compensation for their endorsement. Because their companies benefit from a relationship with CapitalSpring, including investments by CapitalSpring and private funds that we advise, conflicts of interest may exist. Past performance is not indicative of future results. These endorsements should not be interpreted as investment advice or recommendations.