San Antonio-based Food Management Partners, or FMP, acquired Carlsbad, Calif.-based Catalina Restaurant Group, parent of the family-dining concepts Coco’s and Carrows, last month, and expressed optimism about both brands.
But on its first official day of ownership, on April 1, FMP abruptly shuttered 75 of the company’s 149 restaurants, according to former employees.
posted 4/9/15 by Andrea Gonzalez