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Pizza Hut is the largest pizza chain in the world with more than 12,000 Pizza Hut Restaurants and Delivery Units operating worldwide. There are approximately 270 stores are located in Australia.
In September 2016, Allegro, together with a local management buy-in (MBI) team, acquired the master franchisee licence for Pizza Hut in Australia from US-based parent company Yum! Brands, global owner of the Pizza Hut brand.
The company is headquartered in Sydney, with stores located nationally.
Pizza Hut was the fourth investment in Allegro
Fund II.
In September 2016, Allegro, together with a local management buy-in (MBI) team, acquired the master franchisee licence for Pizza Hut in Australia from US-based parent company Yum! Brands, global owner of the Pizza Hut brand.
The company is headquartered in Sydney, with stores located nationally.
Pizza Hut was the fourth investment in Allegro
Fund II.
Overview
Employees
10001+
Founded date
1958
Investors 1
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Mentions in press and media 5
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| Sep 27, 2023 | Allegro Funds named as AIC Firm of the Year and awarded TMA Australia’s Medium Company Turnaround for Pizza Hut Australia | In August the Allegro team was pleased to attend the 2023 Australian Investment Council (AIC) Investment Conference and the 2023 Turnaround Management Association (TMA) Australia National Conference. Our team is thrilled to bring home the A... |
| Jun 8, 2023 | Allegro to exit Pizza Hut Australia in agreement with Flynn Restaurant Group | Allegro Funds (“Allegro”) is pleased to announce that it has entered into an agreement to sell its stake in Pizza Hut Australia to America’s largest restaurant franchisee, Flynn Restaurant Group (“FRG”). |
| Pizza Hut Announcement | Last month, one of our key portfolio companies, Pizza Hut Australia was widely featured across The Sydney Morning Herald and The Age celebrating its latest move into service stations. | |
| Allegro takes slice of local market with Pizza Hut acquisition | Australian private equity fund manager Allegro, together with a local management buy-in (MBI) team, has acquired the master franchisee licence for Pizza Hut in Australia from US-based parent company Yum! Brands, global owner of the Pizza Hu... |
Reviews 0
FAQ about Pizza Hut
When was Pizza Hut founded?
Pizza Hut was founded in 1958.
What has the press written about Pizza Hut?
Parsers VC has collected 5 articles mentioning Pizza Hut, among them “Allegro Funds named as AIC Firm of the Year and awarded TMA Australia’s Medium Company Turnaround for Pizza Hut Australia” (Sep 27, 2023) and “Allegro to exit Pizza Hut Australia in agreement with Flynn Restaurant Group” (Jun 8, 2023).
Is Pizza Hut still active?
Yes, Pizza Hut is active; its latest activity on Parsers VC dates from May 17, 2024.