Papa Murphy’s Up For Sale

Portland Business Journal:

Papa Murphy’s International, the thriving Vancouver-based chain of take-and-bake pizza restaurants, is for sale.
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Charlesbank Capital Partners LLC has engaged San Francisco-based North Point Advisors to shop the company to prospective buyers five years after it bought the company.

Officials at Boston-based Charlesbank and North Point couldn’t be reached to comment on the terms under which Papa Murphy’s is being offered.

Business continues as usual, said Lindsi Miller, Papa Murphy’s communications director.

Papa Murphy’s is a holding of Charlesbank’s Equity Fund V, a $590 million private equity fund that holds several other food-related concerns, including Captain D’s Seafood and Del Taco.

Photo: Cathy Cheney | Portland Business Journal.

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