Captain D's Seafood Restaurant Chain Changes PE Hands

Law360, New York (October 16, 2013, 4:46 PM EDT) -- Middle-market private equity firm Centre Partners has struck a deal to purchase Captain D's Seafood Restaurant chain from a unit of buyout firm Sun Capital Partners Inc., according to a Tuesday statement.

Per the definitive agreement, Florida-based Sun Capital will hand over its ownership interest in the Nashville-headquartered quick service restaurant chain, which owns or franchises 527 establishments across the country, according to a statement. Financial details of the deal were not disclosed.

The deal gives Centre Partners, which has bases in New York and California,...
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