Peter Piper Pizza
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| Peter Piper Pizza | |
| Company type | Subsidiary |
| Industry | |
| Founded | 1973 Glendale, Arizona, U.S. |
| Founder | Anthony M. "Tony" Cavolo |
| Headquarters | , U.S. |
Number of locations | 129 (Q4 2019) |
Area served | United States, Mexico |
Key people | |
| Products | |
| Services | |
| Owner | Venture West Group (1992–2007) ACON Investments (2007–2014) Apollo Global Management (2014–2020) Monarch Alternative Capital (2020–Present) |
| Parent |
|
| Website | peterpiperpizza |
Peter Piper Pizza, LLC (stylized as peter piper pizza) is an American pizza and entertainment company with locations in Arizona, California, New Mexico, Texas and Mexico. Restaurants have a large dining area and game room. It is a wholly-owned subsidiary of CEC Entertainment, LLC., and is a sister company of Chuck E. Cheese. Peter Piper Pizza was sold by private equity firm Apollo Global Management to Monarch Alternative Capital in 2020, as a result of the latter company’s acquisition of CEC Entertainment.[1][2][3][4]
History[edit]
Anthony "Tony" Cavolo founded Peter Piper Pizza in Arizona in 1973. The first Peter Piper opened in Glendale, Arizona. There are 120 restaurants in the United States and Mexico.[5] In 1995, Peter Piper acquired its hometown competitor Pistol Pete's Pizza.[6] They were independent until 1992, when Peter Piper Inc. was acquired by The Venture West Group. The company was sold again to ACON Investments in 2007.[7] Apollo Global Management, owners of CEC Entertainment, Inc., the parent company of the Chuck E. Cheese restaurant chain, acquired the company in October 2014.[8] CEC Entertainment, Inc., Peter Piper Pizza's parent company, filed for bankruptcy in 2020 due to the significant financial strain brought on by the COVID-19 pandemic.[9] But, CEC Entertainment, the owners of Chuck E. Cheese and Peter Piper Pizza chains, emerged from its June bankruptcy under the ownership selling of its lenders led by Monarch Alternative Capital.[10][11]
In March 2014, Peter Piper Pizza redesigned its logo utilizing a serif font face following an abstract design. The new logo was created by WD Partners as part of an effort "to connect with Gen X and Millennial parents."[12] The updated design was widely panned.[13][14]
References[edit]
- ^ Wiles, Angelique Soenarie and Russ. "Chuck E. Cheese buys Phoenix's Peter Piper Pizza". The Arizona Republic. Retrieved 2023-05-16.
- ^ "Chuck E. Cheese's parent acquires Peter Piper Pizza". Nation's Restaurant News. 2014-10-17. Retrieved 2023-05-16.
- ^ Scurria, Andrew. "Chuck E. Cheese to Leave Bankruptcy With $490 Million Less Debt". WSJ. Retrieved 2023-05-16.
- ^ "Chuck E. Cheese parent CEC Entertainment emerges from bankruptcy". Nation's Restaurant News. 2021-01-04. Retrieved 2023-05-16.
- ^ Raiman, Mary (7 November 2017). "Pick the perfect slice at new Peter Piper Pizza in Greenacres". South Florida Sun Sentinel. Retrieved 9 April 2019.
- ^ Ruggles, Ron (21 August 1995). "Peter Piper purchases Pistol Pete's". Nation's Restaurant News. Vol. 29, no. 33. p. 3. ISSN 0028-0518.
- ^ Hogan, Donna (9 January 2007). "Peter Piper Pizza purchased; price private". East Valley Tribune. Retrieved 9 April 2019.
- ^ "Chuck E. Cheese buys Phoenix's Peter Piper Pizza". azcentral. October 2014. Retrieved 30 June 2016.
- ^ Shafer, Ellise (2020-06-25). "Chuck E. Cheese Files for Bankruptcy". Variety. Retrieved 2020-06-27.
- ^ "Chuck E. Cheese to Leave Bankruptcy With $490 Million Less Debt". wsj.com. December 15, 2020. Retrieved December 16, 2020.
- ^ Fantozzi, Joanna (January 4, 2021). "Chuck E. Cheese parent CEC Entertainment emerges from bankruptcy". nrn.com. Nation's Restaurant News. Retrieved January 5, 2021.
- ^ "Peter Piper Pizza - WD Partners". Archived from the original on March 5, 2014. Retrieved 11 July 2016.
- ^ "Brand New: New Logo and Restaurant Design for Peter Piper Pizza". Retrieved 11 July 2016.
- ^ "8 Major Brands That Went Flat in 2015". Retrieved 11 July 2016.
