Peter Piper Pizza
| File:Peter Piper Pizza.png | |
| Peter Piper Pizza | |
| Company type | Subsidiary |
| Industry | Template:Flat list |
| 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 |
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| Services | |
| Owner | Venture West Group (1992–2007) ACON Investments (2007–2014) Queso Holdings, Inc. (2014–2020) Monarch Alternative Capital (2020–Present) |
| Parent |
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| Website | peterpiperpizza |
Peter Piper Pizza, LLC (branded as peter piper pizza) is a U.S.-based pizza and family entertainment enterprise with operations in Arizona, California, New Mexico, Texas, and Mexico. It functions as a fully owned subsidiary of CEC Entertainment LLC, which also owns the Chuck E. Cheese brand. In 2020, following bankruptcy proceedings triggered by the COVID-19 crisis, Monarch Alternative Capital led a group of lenders to acquire the company.
History
The company was established in 1973 by businessman Anthony "Tony" Cavolo in Glendale, Arizona. Over time, Peter Piper Pizza expanded to encompass approximately 120 outlets throughout the United States and Mexico. A significant growth milestone occurred in 1995 when it acquired rival chain Pistol Pete's Pizza. The business operated independently until Venture West Group purchased it in 1992; later, ACON Investments took ownership in 2007.
In October 2014, private equity firm Apollo Global Management, which owns CEC Entertainment—the parent company of Chuck E. Cheese—completed its acquisition of Peter Piper Pizza. The parent entity filed for bankruptcy protection during the pandemic year of 2020 but restructured and continued operations under Monarch Alternative Capital’s stewardship later that same year.
In March 2014, the brand underwent a logo redesign aimed at resonating with Generation X and Millennial parents; this update generated a variety of responses among consumers.
Broadening its operational approach, Peter Piper Pizza introduced "Peter Piper Pizza Express" in February 2022—a concept centered on takeout without on-site dining or arcade amenities—with several locations launched in Phoenix and Tucson. Additionally, in March 2023, the company debuted a fast-casual dining format named "Peter Piper Pizzeria" in Kansas; however, both these locations ceased operations by mid-2024, with one site being converted into a Chuck E. Cheese establishment.
Further reading
External links
- Pages with broken file links
- Businesses founded in Arizona in 1973
- Mergers and acquisitions completed in 2014
- American enterprises founded in 1973
- Scottsdale, Arizona-based companies
- Companies that sought Chapter 11 bankruptcy protection in 2020
- Southwestern United States economic entities
- United States pizza restaurant chains
- Pizza franchise operations
- Regional dining chains within the United States
- Dining establishments founded in 1973
- 5
- Companies of the United States by year of establishment
- American companies established in 1973