Announced
Completed
Financials
Tags
Private
Majority
Domestic
Restaurants and Bars
Acquisition
Single Bidder
Friendly
United States
Completed
pizza chain
Private Equity
Synopsis
The Halifax Group, a private equity firm that partners with managers and entrepreneurs to recapitalize and grow lower middle-market businesses, completed the investment in PJ United, the largest franchisee of Papa John's Pizza, and a former portfolio company of TPG Growth. Financial terms were not disclosed. "We are honored to be chosen again by the PJ United management team as their partner, and to rejoin the Papa John's family. We have a tremendous amount of respect for the business that Doug and his team have built over the last three decades and continue to believe that Papa John's is the premier national brand in delivery pizza," Scott Plumridge, Halifax Managing Partner.
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