Catterton Partners leads purchase of controlling interest in fast-casual chain
Noodles & Company, the 250-unit, fast-casual restaurant chain, has been acquired by an investment group led by private equity firm Catterton Partners. Terms of the deal were not disclosed. The investment group also includes Noodles & Company management. Kevin Reddy, the Noodles & Company chief executive, president and chairman, will continue in his role, the Broomfield, Colo.-based chain said in a statement on Tuesday. “We are pleased to announce this transaction, which ...
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