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Boston--Reports circulating since midsummer about efforts by Captain D's parent, Dallas-based Lone Star Funds, to divest the 580-unit seafood chain were confirmed by Charlesbank Capital Partner Shere, one of two private investors leading the acquisition.(Just In)(Brief Article)

Nation's Restaurant News Daily NewsFax

| December 13, 2004 | COPYRIGHT 2003 Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission. (Hide copyright information)Copyright

BOSTON -- Reports circulating since midsummer about efforts by CAPTAIN D'S parent, Dallas-based LONE STAR FUNDS, to divest the 580-unit seafood chain were confirmed by CHARLESBANK CAPITAL PARTNER Shere, one of two private investors leading the acquisition. The Captain D's deal also involves Timonium, Md.-based GROTECH CAPITAL GROUP and is …

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