Craveworthy Brands to Acquire Papa Gino’s Parent

Craveworthy Brands has agreed to buy New England Authentic Eats LLC, the parent company of Papa Gino’s Pizzeria, in a deal that would add more than 160 restaurants to the buyer’s portfolio. The companies did not disclose the purchase price.

Today, 03:29· Money Talk· 607 reads

Craveworthy Brands to Acquire Papa Gino’s Parent

The acquisition is expected to add about $160 million in annual revenue to Craveworthy’s platform, the company said in a press release. The release did not include a deal price.

Craveworthy’s holdings include Gregorys Coffee, Wing It On! and Big Chicken. The company currently has nearly 300 locations and more than $300 million in systemwide sales. Its chief executive, Gregg Majewski, is a former CEO of Jimmy John’s.

Craveworthy Brands to Acquire Papa Gino’s Parent

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