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Diveroli Investment Group supports Noodles & Company’s plan to sell 200 stores to cut debt and boost value.
Diveroli Investment Group, a Miami-based shareholder, filed a Schedule 13D with the SEC on December 4, 2025, expressing support for Noodles & Company’s strategic review and potential turnaround.
The firm backs a plan involving the sale of about 200 corporate-owned stores—expected to generate $60 million—to reduce high-interest debt averaging 9-10%.
This approach mirrors a prior successful restructuring led by Galloway Capital Partners.
Diveroli’s COO Jonathan Berney said the strategy could strengthen the balance sheet, boost confidence, and unlock long-term value.
The firm plans to share its full analysis publicly and remains open to dialogue with management and the board to advance financial stability and shareholder value.
Diveroli Investment Group apoya el plan de Noodles & Company para vender 200 tiendas para reducir la deuda e impulsar el valor.