The St. Louis-based food chain, Lion's Choice is being sold, but keeping its roots in St. Louis.
The owner and co-founder of the chain, Marvin Gibbs, is selling the chain's parent company to a private equity group headquartered in St. Louis. The Post-Dispatch reports that Mark Disper, who was the chain's first franchisee is the new CEO. Disper hopes to add as many as 15 new locations to the existing 23 in the metro area.
Terms of the deal were not disclosed.