Pat & Oscar's bought by management

SAN DIEGO After more than a year on the market, the 19-unit fast-casual Pat & Oscar’s chain has been acquired by a group of the chain’s top executives, including industry veterans John Kaufman and Tim Foley, the group said Thursday.

Based in San Diego, the Pat & Oscar’s chain was previously owned by Australia-based Pacific Equity Partners, or PEP, which also owns the Sizzler USA grill chain. PEP announced plans to sell both Pat & Oscar’s and Sizz