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Why private equity is sinking its teeth into the restaurant biz

from Crain's Chicago Business

Chicago private-equity firms have shown an increasing appetite for investing in restaurant companies, joining a national trend that may require swallowing hard for a few years. Wynnchurch Capital, a firm better known for investing in old-line companies, is the latest Chicago player to join the trend, angling to buy the Papa Gino's Pizzeria and D'Angelo Grilled Sandwiches chains in New England out of bankruptcy. more

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