Bridgepoint Prepares to Sell Itsu Stake

Private equity firm Bridgepoint is preparing to sell its stake in Itsu, the Japanese casual dining chain and grocery supplier. The sale process is expected to attract interest from both trade buyers and other financial investors, according to people familiar with the matter. Itsu, known for its healthy fast-food offerings and supermarket products, has expanded significantly under Bridgepoint's ownership since the firm acquired a majority stake in 2015.