Del Taco Restaurants Inc. board member Ari Levy and four investors bought the Wieners Circle hot dog stand in Chicago and are likely to expand the concept.
“We would not have bought it just to own a single hot dog stand in Lincoln Park with a licensing agreement in Las Vegas,” Levy told Crain’s Chicago Business.
Levy joined the board of Lake Forest-based Del Taco as part of its acquisition and transformation into a publicly traded company on June 30.
The Levy family are Chicago restaurant and food service operators whose investments include stakes in Pasadena-based Blaze Pizza LLC and Pollo Campero, a Guatemala-based chain similar to Costa Mesa-based El Pollo Loco Holdings Inc., whose U.S. headquarters is in Dallas.
The Levys also founded and sold a company that handles food service at U.S. sports stadiums and arenas.
