M&A Deal Summary

Pie Guys Restaurants Acquires Rapid Fired Pizza

On October 22, 2021, Pie Guys Restaurants acquired restaurant Rapid Fired Pizza

Acquisition Highlights
  • This is Pie Guys Restaurants’ 1st transaction in the Restaurants sector.
  • This is Pie Guys Restaurants’ 1st transaction in the United States.
  • This is Pie Guys Restaurants’ 1st transaction in Ohio.

M&A Deal Summary
Date 2021-10-22
Target Rapid Fired Pizza
Sector Restaurants
Buyer(s) Pie Guys Restaurants
Deal Type Add-on Acquisition

Target

Rapid Fired Pizza

Kettering, Ohio, United States
Rapid Fired Pizza was founded by experienced restauranteurs with a focus on streamlined operations, clear training systems for employees, and a very strong focus on unit economics. With in-house demographic analysis, customer information gathering, graphic design, marketing, architectural design, and real estate leasing, it is well positioned to support franchisees. Rapid Fired Pizza was formed in 2014 and is based in Kettering, Ohio.

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Buyer(S) 1

Buyer

Pie Guys Restaurants

Greenville, South Carolina, United States
Category Company
Sector Restaurants
DESCRIPTION

Pie Guys Restaurants is based in South Carolina and led by Mike Kern and Chip Hurst, co-owners and operators of the Rapid Fired Pizza Spartanburg, Greenville, and Easley South Carolina locations and area developers for Rapid Fired Pizza in South and North Carolina.

DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
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