Boxwood Companions, an funding financial institution, has suggested Surprise Franchises, a Tucker’s Farm Company subsidiary, on buying Pizza Manufacturing facility. Pizza Manufacturing facility is a franchisor of pizza eating places primarily positioned within the Western United States. The franchise community contains 110 areas and generates over $90 million in annual gross sales.
Pizza Manufacturing facility has been a key participant within the pizza restaurant trade since its institution in 1979. The acquisition marks a big milestone for Surprise Franchises, which goals to help the continued success of the model and additional scale its operations. Mary Jane (MJ) Riva, the present CEO of Pizza Manufacturing facility, will retain her place post-acquisition and contribute to the franchise’s progress alongside the Surprise workforce.
Adam Lewin, CEO of Surprise Franchises, highlighted the potential for additional growth throughout the western US whereas sustaining the standard and consistency of Pizza Manufacturing facility’s merchandise. This acquisition is Surprise Franchises’ second prior to now three months.
Kyle Tucker, Founding father of Tucker’s Farm Company, praised Boxwood for its understanding of the franchise house and its position in creating the Surprise platform. This acquisition marks Boxwood’s first restaurant transaction for the reason that sale of SweetFrog in 2018. Boxwood Companions has facilitated quite a few transactions inside the franchise trade and is a trusted advisor to each franchisors and franchisees.
