Craveworthy Brands has signed a definitive agreement to acquire New England Authentic Eats, the parent company of Papa Gino's Pizzeria, it said on 9 November 2026, without disclosing terms.
Why Craveworthy Brands (via an affiliate) is buying New England Authentic Eats LLC (Papa Gino's and D'Angelo Grilled Sandwiches)
Craveworthy plans to retain the Papa Gino's name and menu and roll out co-branded Wing It On! units inside Papa Gino's restaurants, which would take Wing It On! from 45 to more than 145 locations, while offering shared purchasing, technology and training.
Deal terms and financing
Financial terms were not disclosed. The business brings more than 160 restaurants and about US$160m of annual revenue; Craveworthy reports more than US$300m of systemwide sales before the deal.
Regulatory approvals and timing
Closing is expected by 31 December 2026, subject to customary conditions.
Market context
The Boston Globe reported that Wynnchurch Capital acquired the Papa Gino's business in 2019. Craveworthy, founded in 2022, also owns brands including Gregorys Coffee and Dirty Dough.
