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Papa Murphy’s sold to Lee Equity Partners

VANCOUVER Wash. Lee Equity Partners, a New York-based private equity firm, has signed an agreement to purchase Papa Murphy’s International, the take-home pizza franchisor currently owned by Charlesbank Capital Partners.

Terms of the deal for the parent of the 1,200-unit Papa Murphy’s Take ‘N’ Bake Pizza chain were not disclosed in a statement Thursday. The transaction is expected to close in the second quarter.

Charlesbank has owned Papa Murphy’s

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