Wetzel s Pretzels - Ownership and Business Overview

RestaurantsCompany

Wetzel s Pretzels Ownership

Who owns Wetzel s Pretzels?

Wetzel s Pretzels is owned by MTY Food Group. It was acquired on November 2, 2022.

Was Wetzel s Pretzels formerly PE-backed?

Yes. Wetzel s Pretzels was formerly owned by 3 private investors.

Wetzel s Pretzels Business Overview

Where is Wetzel s Pretzels headquartered?

Wetzel s Pretzels is headquartered in Pasadena, California.

What sector is Wetzel s Pretzels in?

Wetzel s Pretzels is a restaurants company.

When was Wetzel s Pretzels founded?

Wetzel s Pretzels was founded in 1994.

Restaurants M&A Summary in 2022

Out of 60 sectors in the Mergr database, restaurants ranked 50 in number of deals in 2022. The largest restaurants acquisition in 2022 was Wetzel s Pretzels - which was acquired by MTY Food Group for $207M.

Join Mergr to view all 24 acquisitions of restaurants companies in 2022, including 7 acquisitions by private equity firms, and 17 by strategics.

Wetzel's Pretzels

Wetzel's Pretzels LLC

35 Hugus Alley, Suite 300,
Pasadena, California 91103
United States,
(626) 432-6900
www.wetzels.com

Wetzel's Pretzels is an owner and franchisor of soft pretzel stores. Wetzel's menu includes a variety of fresh-baked soft pretzels, Wetzel Dogs, Wetzel Bitz, and beverages. Today, Wetzel’s Pretzels has 305 locations in 28 states and six countries. Wetzel's stores are located in shopping malls, outlet centers, theme parks, select discount retail stores, train stations, and airports. Wetzel’s Pretzels was founded in 1994 and is headquartered in Pasadena, California.


Company Summary

SECTOR

Restaurants

Revenue

245   2021
(millions of USD)

Established

1994

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