Andrew Povec brings nearly two decades of franchise know-how to the table
BLUFFTON, SC, April 10, 2024 /24-7PressRelease/ — Virentes Partners Group, a private investment platform that provides flexible capital and operational expertise to leading brands, today announced the appointment of Andrew Povec as VP-Operations. Povec, who has spent half his life in the industry, will oversee all restaurant operations for Virentes’ newly created hospitality division.
Povec will be responsible for working with portfolio companies on store openings–including selection and implementation of the operation, training and marketing teams–and all facets of restaurant operations after launch.
“Throughout his career, Andrew has demonstrated a rare combination of skills that help drive top- and bottom-line growth,” said Virentes Managing Member and CIO James D’Aquila. “He has repeatedly exhibited a talent for hiring and empowering capable team members to provide highly cravable offerings and exceptional customer service. Andrew is invaluable when concepts are expanding, while he has also proven he can work with accounting and finance teams to identify efficiencies in ongoing operations that lead to profit growth.”
Povec joins Virentes Hospitality Group from Quality Fresca, the largest franchise group for Moe’s Southwest Grills, where he was regional director of operations, overseeing more than 60 locations. He was previously regional VP for Tijuana Flats Tex-Mex, where he was the most rapidly promoted operations executive in the history of the company.
“I look forward to the challenge of applying lessons learned after so many years developing individual restaurant brands to the diverse portfolio that the Virentes team is buiding,” said Povec. “Every franchise is different, but—whether it’s a Sweet Paris café or the next scalable restaurant investment we make—I know there are proven processes for optimizing operations and driving growth.”
About Virentes Partners Group
Virentes Partners Group is a private investment, operations and management platform that seeks to partner with the world’s leading consumer and business brands. Founded in [2023], the group deploys flexible capital in sectors where it has deep institutional knowledge and operating cadrpabilities to support the operational and growth needs of founder led partner companies.
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