COSTA MESA Calif. The private-equity firm Freeman Spogli & Co. has paid $45 million for an undisclosed stake in El Pollo Loco Inc., the franchisor and operator of flame-grilled chicken restaurants said Thursday. El Pollo Loco said the funds would be used for the chain’s “accelerated” national expansion and for general corporate purposes. The equity investment follows an announcement last week that the restaurant company’s principal ...
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Contact: Desiree Torres Desiree.Torres@penton.com