PizzaExpress Considering Sale with Potential Valuation Up to £500M
UK-based restaurant chain PizzaExpress is reportedly exploring a potential sale, which could value the company at up to £500 million ($669 million), according to a Financial Times report. The business has appointed Rothschild as its financial adviser following interest from trade buyers and private equity firms. Discussions are in early stages with no guarantee of completion. PizzaExpress operates over 360 locations across the UK and Ireland, alongside international franchises. In recent years, it expanded into new markets such as fried chicken by acquiring Houston Hot Chicken. For FY25, revenue remained flat at £440 million while adjusted EBITDA increased to £53 million. Q1 of 2026 saw a 3.7% sales increase year-over-year. The company underwent significant restructuring post-pandemic and was acquired by Hony Capital in 2014 before being taken over by Bain Capital and others in 2020.
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Topics: Corporate Restructuring Private Equity Restaurant Industry