Broomfield-based Noodles & Co. has sold a controlling stake in the chain to private-equity investment firm Catterton Partners of Greenwich, Conn.
Terms of the transaction were not disclosed.
Restaurant analysts said the deal will allow Noodles, already on a fast growth curve, to open more outlets.
The chain operates in 18 states with 255 locations — more than twice the number of restaurants it owned five years ago. The first Noodles outlet opened in 1995 in Cherry Creek.
The company will continue to be based in Broomfield and will operate with the same management team.
Read More:Terms of the transaction were not disclosed.
Restaurant analysts said the deal will allow Noodles, already on a fast growth curve, to open more outlets.
The chain operates in 18 states with 255 locations — more than twice the number of restaurants it owned five years ago. The first Noodles outlet opened in 1995 in Cherry Creek.
The company will continue to be based in Broomfield and will operate with the same management team.
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