Buying Captain D's is a growth opportunity, executive says

08/13/2013 | American City Business Journals

Private-equity firm Sun Capital announced in June that it will sell Captain D's, but buying the seafood chain is a growth opportunity, not a turnaround opportunity, Chief Development Officer Michael Arrowsmith said. Captain D's posted 25 consecutive months of same-store sales growth since Sun Capital purchased it in 2010, including an 8.3% increase in same-store sales last year.

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