Home » Champps to be sold to private equity group

Champps to be sold to private equity group

January 11, 2007

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Champps Entertainment Inc., which operates two of its casual dining eateries in Indianapolis, has agreed to be bought by Kinderhook Industries LLC for $75 million. Kinderhook Industries is a New York-based private-equity firm.

Champps plans to reinvest the sale proceeds in another business. There are about 65 Champps restaurants in 22 states.

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