Nimes Capital Acquires Togo's Sandwiches from Mainsail Partners
December 15, 2015
Nimes Capital has agreed to acquire Togo's Sandwiches, with growth equity firm Mainsail Partners selling its ownership stake. CEO Tony Gioia will retain an ownership stake and remain CEO as Nimes provides strategic guidance to support the brand's revitalization and expansion; Togo's operates roughly 251 restaurants across six western U.S. states.
- Buyers
- Nimes Capital
- Targets
- Togo's Eateries, Inc.
- Sellers
- Mainsail Partners
- Industry
- Restaurants & Hospitality
- Location
- California, United States
- Transaction Type
- Buyout
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