Under the terms of the acquisition, Papa Bello Enterprises has become a majority owned subsidiary of Sycamore Ventures.
Sycamore Ventures (Pink Sheets: SYVN) announced today that the company has acquired ownership control of Papa Bello Enterprises, Inc. (Pink Sheets: PAPA) Under the terms of the acquisition, Papa Bello Enterprises has become a majority owned subsidiary of Sycamore Ventures.
Tony Khodadad, CEO of Sycamore Ventures stated, "Papa Bello has built a diverse and exciting collection of restaurant concepts that provide exciting food choices at a great value. We hope to prudently grow their business model through extensive site research and smart capital deployment."
Located in Los Angeles, California, Sycamore Ventures was formed with the intent to develop into a broadly diversified holding company.
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