Wynnchurch Capital Buys Papa Gino’s, D’Angelo
PGHC Holdings Inc., the parent company of Papa Gino's Pizzeria and D'Angelo Grilled Sandwiches, received approval to sell its business to an affiliate of Wynnchurch Capital LLC.
The sale, which does not include franchisee locations, is scheduled to close by Jan. 31.
The company operates 141 company-owned restaurants in Massachusetts, New Hampshire, Rhode Island and Connecticut.
PGHC filed for Chapter 11 bankruptcy protection in November.