BROOMFIELD Colo. New York-based hedge fund Och-Ziff Capital Management Group has purchased a minority equity stake in privately held Noodles & Company for an undisclosed amount, Noodles officials said Tuesday. Noodles, which is based here and operates 123 fast-casual restaurants and franchises another 28 in 14 states, said that it had completed a recapitalization of its business through a stock tender offer by Och-Ziff that began in late May. Och-Ziff’s investment will help the chain ...
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Contact: Desiree Torres Desiree.Torres@penton.com