Z Capital Partners Buys Famous Brands from The Carlyle Group
Famous Brands International said on Monday that Z Capital Partners, the company's largest shareholder, has acquired the remaining minority ownership stake of Famous Brands from The Carlyle Group. As a result of this purchase, Z Capital is now the sole owner of Famous Brands. No financial terms were disclosed. Also, Neal Courtney was named CEO of Famous Brands and joins the company's board of directors. Based in Broomfield, Colorado, Famous Brands is the parent company of TCBY Yogurt and Mrs. Fields Cookies.
1 July 2013•3 mins read
