The Florida-based owner of Captain D's is said to be marketing the seafood restaurant chain to buyers about three years after taking it over and launching a big turnaround effort.
LBO Wire, a unit of Dow Jones, is reporting that Sun Capital Partners has hired investment bank North Point Advisors to help it unload Captain D's , which has in the past two years grown same-store sales by more than 13 percent as a new leadership team led by President and CEO Phil Greifeld overhauled its front office and restaurant operations. (For more on that, check out recent CEO of the Year feature  on Greifeld.) After years of seeing sales atrophy, the company has now posted same-store increases in 23 consecutive months.
On Tuesday, Greifeld and his team said Capta