April 4, 2005
The Boston Herald: Boston-based Bunker Hill Capital's recent acquisition of Papa Gino's Holdings Corp. Inc. (read also Papa Gino's execs buy pizza and sandwich chains), parent of Papa Gino's and D'Angelo Sandwich Shops, means the company is officially in the expansion and franchising mode.
"We wanted to put in place a five-year plan going forward," said Papa Gino's chief Thomas J. Galligab III. With financial backing from Bunker Hill, the pizza, sandwich and pasta firm hopes to add 100 restaurants over the next five years, offering franchises for the first time.
The chain of 370 restaurants already employs 5,000 people and plans to hire hundreds more. Heading as far south as Florida is apparently part of the new plan.