A controlling interest in the The Greene Turtle Sports Bar & Grille has been acquired by the private-equity firm Stone-Goff Partners for an undisclosed amount.
Greene Turtle consists of 41 franchised and company-operated casual restaurants in Maryland, Delaware, West Virginia, New York and the District of Columbia. It has signed deals to expand into Pennsylvania and New Jersey.
Stone-Goff indicated that Bob Barry will continue to lead the chain as CEO and president. The New York City-based firm has interests in a number of companies specializing in consumer goods and services. Greene Turtle is its only holding in the restaurant industry, according to the firm’s website.
Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.