Deep-dish pizza chain Giordano’s is considering selling its operation, a move that could garner upwards of $100 million, Reuters reports, citing sources familiar with the matter.
Victory Park Capital Advisors, the private-equity firm that owns Giordano’s, has hired investment bank Piper Jaffray to manage the sale, Reuters says.
The 50-unit Chicago-based chain was acquired by Victory Park Capital for close to $52 million as part of a bankruptcy buyout in 2011.
Read the full story via Reuters.
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