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Tag Archives: investment firm

Newk's owners sell majority interest to investment firm

JACKSON — The owners of Newk’s Eatery restaurants have sold a majority of the company to a New York investment firm. Sentinel Capital Partners paid an undisclosed amount for the share of Newk’s Holding Co. in a sale that closed Monday, said Newk’s vice president of franchise operations Alan Wright. Newk’s founders Chris Newcomb, Don Newcomb and Debra Bryson will ...

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Connecticut company buys share of Coast shipyard

GULFPORT — A private equity firm is taking an ownership stake in a Mississippi shipyard group. Littlejohn & Co. of Greenwich, Conn., has bought part of Gulf Coast Shipyard Group, which owns the Trinity Yachts and TY Offshore shipyards in Gulfport and New Orleans. The dollar amount and ownership share were not disclosed. John Dane III, CEO of the shipyard ...

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