TPG Growth buys majority of Mendocino Farms and a new CEO is named

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TPG Growth said Nov. 13 that it acquired a majority stake in Mendocino Farms. Mendocino Farms was the seller and financial terms weren’t announced. Mario Del Pero and Ellen Chen, who co-founded Mendocino Farms in 2005, will remain the largest individual shareholders. Harald Herrmann has just joined MF and has taken the position of CEO. Mendocino Farms, of Los Angeles, is a fast casual restaurant concept that offers sandwiches and salads through its 16 locations.

Source: TPG Growth buys majority of Mendocino Farms – PE Hub

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