Maple Park Capital Partners Acquires Majority Stake in Rita's Italian Ice from Argosy Private Equity
November 26, 2024
Maple Park Capital Partners has made a majority growth investment in Rita's Italian Ice & Frozen Custard, with Argosy Private Equity exiting its investment. The transaction positions Rita's to receive growth capital and operational support to scale its franchise network across the U.S. and internationally.
- Buyers
- Maple Park Capital Partners
- Targets
- Rita's Franchise Company, LLC (Rita's Italian Ice & Frozen Custard)
- Sellers
- Argosy Private Equity
- Industry
- Restaurants & Hospitality
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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