Papa Ginos Holdings Corp., headquartered in Dedham, Massachusetts, is a leading quick-service restaurant operator with a total of 370 company-owned, franchised and licensed restaurants located throughout New England. 

Papa Ginos Holdings Corp. employs approximately 5,000 people throughout New England and owns two dominant New England quick-service restaurant concepts:  the Papa Gino's brand, which operates in the pizza/Italian segment, and the D'Angelo brand, operating in the submarine sandwich segment.  Each concept has over 35 years of operating history.
 
Galligan stated that he is enthusiastic about the role of his new private equity sponsor.  "We partnered with Bunker Hill Capital because they are successful Boston-based investors who have a proven track record as an innovative, pro-active, and value-added partner," he said.  "We look forward to working with our new partner to execute our strategic plan to build our two great brands and create long-term value for all of our stakeholders.  This is an exciting time for both of our firms."

As one of the first moves toward realizing that vision, Galligan continued, the new owners will work together to achieve growth through both company-owned and franchised units.  Recently signed franchise agreements will take the company beyond its New England roots and into Albany and Long Island in New York and as far south as Orlando, Fla.  The company is aggressively seeking to continue its expansion throughout the eastern seaboard.

"Our five-year plans have us opening 50 new company-owned Papa Gino's and D'Angelo restaurants in our core New England markets, expanding both concepts into new geographic regions through franchising, and growing our new "dual" Papa Gino's and D'Angelo concept, while continuing to provide superior service and offering great products to our guests," he said.

Bunker Hill Capital's principals are also enthusiastic about their investment.  According to Theresa A. Nibi, a Managing Partner, "In an increasingly competitive deal market, we are pleased to back such a high-caliber CEO and management team.  We are extremely confident in their ability to continue to grow this business and are very excited to be a part of such a strong organization."

Nibi's sentiments were echoed by Mark H. DeBlois, a Managing Partner at Bunker Hill Capital.  "This is the classic situation we target," he said.  "The company has a strong incumbent management team looking for a partner with industry experience to take the company to the next level.  With robust brands in two attractive segments of the quick-service restaurant business, we believe the company has excellent growth potential."

About Papa Gino's Holdings Corp., Papa Gino's and D'Angelo Sandwich Shops
Papa Gino's Holdings Corp. is the holding company for Papa Gino's and D'Angelo Sandwich Shops. 

In addition to operating and franchising 370 locations with two of New England's favorite restaurant chains, the Dedham, Massachusetts-based company has a longstanding tradition of community involvement. 

The company has raised nearly $3 million for Easter Seals and The Genesis Fund through annual fundraisers, sponsors annual fire safety awareness programs in conjunction with the National Fire Protection Association, and regularly supports the Massachusetts Department of Social Services by providing hot meals to children.

Papa Gino's was founded in 1961 as a single East Boston pizza shop, Piece O' Pizza, using authentic, generations-old Italian family recipes. 

The pizzeria became known throughout Boston as the place to go for pizza of superior quality and unique flavor.  Today, Papa Gino's serves its classic pizza, a full line of subs, salads, and other Italian specialties in a setting emphasizing attentive service, clean, attractive restaurants, convenience and a premium value experience for every guest. 

 D'ngelo Sandwich Shops specialize in great-tasting, made-to-order submarine sandwiches, hot and hearty soups and fresh salads. 

The D'Angelo brand was established in 1967 and was founded on a simple, honest philosophy: Put the best-quality ingredients in the freshest bread for a reasonable price and serve it quickly.  Franchise opportunities are available. 

About Bunker Hill Capital, L.P.
Bunker Hill Capital, L.P. is a private equity firm that makes control investments in lower middle market companies with enterprise values up to $200 million.  The principals of Bunker Hill Capital have invested over $325 million in 25 transactions and target opportunities across four industry sectors, including industrial products, business services, consumer products, and specialty retail. 

Source:papa ginos holdings