Indianapolis Business Journal:
A large, local franchisee of Buffalo Wild Wings Grill & Bar has sold its 16 restaurants in central Indiana to a group led by the former president of the Papa John’s pizza chain.
The Indianapolis-based Franchisee Group sold the restaurants for an undisclosed amount to Greenwich, Conn.-based Consolidated Wings Investment LLC.
Periculum Capital Co. LLC in Indianapolis, which brokered the sale for the Franchisee Group, announced the transaction Tuesday afternoon.
Consolidated Wings is led by Dan Holland, the former president of Louisville-based Papa Johns International Inc., and Bill Ogden, the founder and managing director of Granite Capital Partners LLC in Greenwich.
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