Wednesday, January 23, 2019

Sale of Papa Gino’s, D’Angelo parent to Wynnchurch Capital approved

Boston Business Journal
Wynnchurch Capital LLC, a private equity investment firm with offices in Chicago, Los Angeles and Toronto, on Wednesday received court approval to buy the parent company of Papa Gino’s Pizzeria and D’Angelo Grilled Sandwiches chains.

The Dedham-based parent company, PGHC Holdings Inc., operates 141 restaurants in Massachusetts, New Hampshire, Rhode Island and Connecticut. In November 2018, a day after closing dozens of restaurants, the company filed for bankruptcy protection.. . . more