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New Ownership on the Menu for Togo’s Eateries

Nimes Capital will acquire Togo's Eateries, Inc. from Mainsail Partners, the current owner of the fast-casual sandwich concept. CEO Tony Gioia will retain his ownership stake in Togo's and continue to lead the concept.

Other members of the Togo's executive team, including Chief Operating Officer Jim Peros, Chief Marketing Officer Renae Scott, Chief Development Officer Todd Peterson, and Chief Financial Officer Susan Koch, will remain with the company, per a press release announcing the deal.

Togo's has average unit volumes of $660,000 and the fast-casual sandwich concept operates more than 250 locations in 6 states.