Nimes Capital to buy Togo's Eateries from Mainsail Partners
December 17, 2015
Nimes Capital has agreed to acquire sandwich chain Togo's Eateries from growth equity firm Mainsail Partners. As part of the transaction, CEO Tony Gioia will retain his stake in the company; he partnered with Mainsail to acquire the franchise in 2007. Founded in 1971, Togo's operates 251 restaurants in six western U.S. states.