The Kansas City Business Journal reports, "Several Kansas City-area private equity firms are cashing out of a majority ownership slice in refrigerated pizza-maker  LLC."

"The stake went to Huntsman Gay Global Capital, a Palo Alto, Calif., private equity firm. Huntsman said Thursday that it used its debut $1.1 billion fund to buy the company. Terms of the deal, which closed this week, were not disclosed. That 2006 investment had been led by Prairie Village-based Plaza Belmont Fund II LLC, which specializes in food manufacturing business investments, and included several other local entities."