Looking to expand, Cafe Patachou owner partners with private equity firm

After 35 years of operating restaurants in central Indiana, Cafe Patachou founder Martha Hoover has a new partner for the pursuit of opening eateries in other places. Won’t Stop Hospitality Inc., parent company of breakfast and lunch spot Cafe Patachou and five other restaurant concepts, announced Wednesday an investment from Raleigh, North Carolina-based venture capital firm Hargett Hunter Capital Management. Without disclosing terms of the deal, Hoover said Hargett Hunter is a restaurant-specific private equity firm that will accelerate her goal of out-of-market expansion. “They believe in quality of product,...