CEO of Benniganrsquos Franchising Co Paul Mangiamele

CEO of Bennigan’s Franchising Co., Paul Mangiamele

Bennigan’s CEO buys out franchisor

Paul Mangiamele plans for growth, revival of Steak & Ale brand

Paul Mangiamele, CEO of Bennigan’s Franchising Co., has completed a management buyout of the franchisor of the Bennigan’s and Steak & Ale casual-dining brands, the company said Monday.

Mangiamele and his wife, Gwen Mangiamele, created Dallas-based Legendary Restaurant Brands LLC to buy out New York private-equity investor Fortress Investment Group LLC’s interest in Bennigan’s Franchising. Terms of deal, completed Feb. 11, were not disclosed.

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