NEW YORK, NY, November 2021 /Bloomberg News/ — Former Goldman Sachs Group Inc. partners Michael Esposito and Scott Romanoff are teaming up with credit manager HPS Investment Partners to back U.S. franchise businesses and their owners.
The duo, who left Goldman last year after almost three decades, are starting Franchise Equity Partners to take minority equity stakes in companies where owners buy into established brands in businesses including restaurants and automotive dealerships.
Source: Bloomberg News
