LOS ANGELES — Nogales Investors, a locally based private equity firm, and Breco Holdings, a Houston-based investment firm, have formed a joint venture to purchase Numero Uno Markets here and manage future grocery acquisitions. The companies did not disclose the purchase price. Numero Uno operates eight stores — located in densely populated urban areas of Los Angeles and targeting Hispanic consumers — with annual revenues exceeding $120 million, the two companies said. According to Nogales, ...
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