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Mainsail Partners, a private equity firm located in San Francisco, today announced the acquisition of Togo’s Eateries, the master franchisor of a leading fast casual sandwich chain in the Tri-Valley.
Togo’s is known for serving freshly prepared food, including hot and cold sandwiches, wraps, salads and soups.
Mainsail purchased Togo’s from from Canton, Massachusetts-based Dunkin’ Brands, Inc., the parent company of Dunkin’ Donuts and Baskin-Robbins. Financial details of the transaction, which was closed on Friday, Nov. 30, have not been released.
With its recent acquisition of Togo’s, Mainsail now holds six portfolio companies, which range across services and software. “Togo’s represents a significant opportunity for Mainsail Partners,” said Jason Payne, managing partner, Mainsail Partners. “It is a well respected brand and we look forward to growing the business in the coming years through great service to our franchisees.”
Since Togo’s opened its first location nearly 40 years ago in San Jose,the company has grown extensively. There are 261 Togo’s establishments throughout the western United States.
– Jeb Bing
By
– Jeb Bing
By
