Papa Gino’s Files for Chapter 11 Bankruptcy, Closes 95 Stores

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Massachusetts-based pizza restaurant chain Papa Gino’s has filed for Chapter 11 bankruptcy and closed nearly 100 locations throughout New England amid the company’s restructuring and sale to a private equity firm.

Papa Gino’s Holdings Company, which owns the pizza chain and D’Angelo Grilled Sandwiches, announced Monday it has been sold to a Wynnchurch Capital portfolio company, a day after abruptly closing 95 locations around the region.

Papa Gino’s bankruptcy filings were entered in a U.S. bankruptcy court in Delaware on Monday morning, court documents show.

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