ACG Pizza Partners, LP has announced the opening of three new franchised locations of Stevi B’s Pizza since the company was acquired by Argonne Capital Group, LLC earlier this year. The new locations are in Cleveland, Tennessee, Gadsden, Alabama and Chesterfield Township, Michigan.
The company recently signed franchise agreements for eight additional locations, including a three store development agreement for stores to be opened in South Florida. The other planned new store locations are Woodhaven, Michigan, and Loganville, Cartersville, Rome, and Cumming, Georgia.
ACG Pizza Partners, LP was formed by Argonne Capital Group, LP to acquire the franchising business of Stevi B’s Pizza. The concept currently has 31 locations in seven states throughout the Southeast and Midwest. Argonne Capital Group, LLC (“Argonne”) is a private equity firm based in Atlanta, Georgia. The company’s portfolio includes the two largest franchisees in the IHOP system.
