Jul
08
The Morning Leverage: Sentinel Takes Fazoli’s to Go From Sun Capital
ByMike Lucas for Dow Jones
From this morning’s LBO Wire:
Sentinel Capital Partners has looked at Sun Capital Partners’ plate of pasta and asked, “Are you going to finish that?” Sun sold fast-casual Italian restaurant chain Fazoli’s Group Inc. to Sentinel, Lillian Rizzo reports. Sun Capital invested in Fazoli’s nearly nine years ago, taking the struggling Lexington, Ky.-based restaurant chain and turning it around. The deal was worth less than $100 million, LBO Wire reported at the time…
The Morning Leverage: Sentinel Takes Fazoli’s to Go From Sun Capital