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New Deal


Announced

Completed

Paulson & Co and TriArtisan Capital completed the acquisition of P.F. Chang's China Bistro from Centerbridge.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

United States

Majority

Restaurants and Bars

Friendly

Private Equity

Completed

restaurant chain

Acquisition

Synopsis

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Paulson & Co and TriArtisan Capital, two investment management firms, completed the acquisition of P.F. Chang's China Bistro, an American-based, Asian-themed, casual dining restaurant chain, from Centerbridge, private equity firm. Financial terms were not disclosed. "We want to thank Centerbridge Partners for their strong support of P.F. Chang's. We are fortunate to have a partnership with Paulson and TriArtisan which will allow us to implement a collaborative growth strategy. Paulson and TriArtisan bring financial strength and expertise that will allow us to grow our dine-in and off-premises channels both domestically and internationally," Jim Bell, P.F. Chang's CEO.

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