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### The transaction also includes participation from Weinberg Capital Partners and Three Hills Capital Partners as minority investors.
### The private equity firm is working with Citigroup to evaluate potential transactions that could include a sale or strategic partnership. Sources said a deal could value the business at several hundred million dollars.
### The firm expects to reach roughly two-thirds of its $15bn fundraising target once the initial round closes later this month. The milestone comes less than nine months after the vehicle launched.
### The proposal marks the firm’s second attempt to buy the US pizza chain. Irth previously pursued the acquisition alongside Apollo Global Management last year before the effort collapsed.
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