BEVERLY HILLS Calif. Wetzelâ€™s Pretzels LLC, franchisor of 190 namesake soft pretzel locations, has been acquired by Los Angeles private equity firm Levine Leichtman Capital Partners and members of Wetzelâ€™s management, the buyers said Friday. Terms were not disclosed. Wetzelâ€™s senior management team of chief executive Bill Phelps and president Rick Wetzel made a â€śsignificant investmentâ€ť in the company and will continue to lead the brand, according to the statement. BB&T Capital ...
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