North Cove Partners has sold the parent company of NPC International to Olympus Partners. A senior credit facility was arranged by Barclays Capital and Goldman Sachs to support the deal. NPC is a Pizza Hut franchisee that operates 1,153 Pizza Hut units in 28 states. The company was advised by JP Morgan Securities and Shearman and Sterling on the deal, while Olympus was advised by Barclays Capital, Goldman Sachs and Kirkland & Ellis.
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