ONCAP sells pizza buffet brand Cicis to Arlon Group

ONCAP, the mid-market private equity arm of Onex Corp, has sold U.S. pizza-buffet chain Cicis, a portfolio company it held for close to a decade. The deal was announced last week by Cicis and its new investor Arlon Group, a U.S. private equity firm. No financial terms were released. ONCAP's sale comes on the heels of the firm's agreement in August to acquire U.S. roofing contractor Tecta America from Oaktree Capital Management.

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