Gatti’s Pizza acquired by private-equity group

Gatti’s Pizza acquired by private-equity group

Sovrano LLC to develop new corporate restaurants

Gatti’s Pizza has been acquired by private-equity firm Sovrano LLC, the companies said Monday.

Terms of the deal were not disclosed.

Michael Poates, president of Fort Worth, Texas-based Sovrano, will become president of the 100-unit pizza chain. Poates is a 28-year veteran of the restaurant industry, with experience at Dairy Queen, Whataburger, Papa John’s, Chesapeake Restaurants and others.

“There is a lot I admire about Gatti’s,” Poates said in a statement.

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