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Frisch's Acquired By NRD Partners

Iconic fast casual chain Frisch's (founded before there was something called “fast casual”) has been acquired by NRD Partners for $175 million. The buyer is a new private-equity fund focused on franchises; it will acquire the home of the “Big Boy” burger for $34 a share, or $175 million, the company said Friday. Frisch’s CEO Craig Maier and VP marketing Karen Maier will retire, but remain franchisees of the Cincinnati-based company. Full disclosure: eons ago this writer waited tables at Frisch’s.

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