Consortium Brand Partners, Eldridge Industries and Convive Brands to acquire California Pizza Kitchen.

Consortium Brand Partners, a private equity firm, Eldridge Industries, a holding company, and Convive Brands, a New York-based hospitality group that builds and operates high-quality restaurant brands, agreed to acquire California Pizza Kitchen, an American casual dining restaurant chain. Financial terms were not disclosed. “California Pizza Kitchen is an iconic American brand that has inspired generations of fans through creativity, flavor, and innovation. We are thrilled to partner with Eldridge Industries, Aurify Brands, and Convive Brands to build on CPK’s rich heritage by expanding its global restaurant footprint, growing its grocery presence, and exploring new product categories that celebrate California creativity and flavor,” Jonathan Greller, Consortium Brand Partners President and Co-founder.