Bob Evans Restaurants (New Albany, Ohio) has been acquired by 4×4 Capital from Golden Gate Capital for an undisclosed price. (Golden Gate had purchased the chain in 2017 for $565 million.) In a news release announcing the transaction, the partners said it “underscores the enduring value of the Bob Evans Restaurants business and aims to maximize its long-term growth potential.”
With the buy, current CEO Mickey Mills and her executive team will continue to lead the company.
“What truly sets the Bob Evans brand apart is its distinctive hospitality, welcoming ambiance and fresh, flavorful food—delivering real value for the whole family,” said Gustavo Assumpção, a 4×4 Co-Founder and Partner who will serve as Bob Evans’ Executive Board Chair. “We look forward to partnering with Mickey and the team to maximize long-term growth.”…