NEW YORK, Dec 27 (Reuters) - Fast food chain El Pollo Loco Inc said on Thursday that a private equity firm had invested $45 million in it, which the company plans to use to open more restaurants.
Freeman Spogli & Co made the equity investment in El Pollo Loco’s parent, the company said.
El Pollo Loco is owned by Trimaran Capital Partners and management, according to the company. Trimaran agreed to buy the company, which specializes in grilled chicken, from American Securities Capital Partners LP in 2005. (Reporting by Jonathan Keehner; editing by John Wallace)