Prezzo Holdings: Difference between revisions

Prz Realisations (2) Limited
Formerly	Papa Bidco Limited (2014–2015); Prezzo Holdings Limited (2015–2021);
Company type	Private
Industry	Restaurant
Founded	4 February 2000; 24 years ago
Defunct	15 May 2023
Headquarters	Woodford Green, Essex, United Kingdom
Key people	Jon Hendry Pickup (CEO)
Parent	TPG Capital
Subsidiaries	Chimichanga; Cafe Uno; Prezzo; Cleaver; MEXIco
Website	prezzo.co.uk

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Prz Realisations (2) Limited^[2] is a chain restaurant operator in the United Kingdom.^[1]

History

In 2014 the company was bought by private equity investment firm TPG Capital for just over £300 million.^[3]

On 23 March 2018 Prezzo Holdings announced it was closing the 33 branch Tex-Mex chain Chimichanga, and closing 92 branches of the Prezzo chain, in a company voluntary arrangement (CVA) restructuring whereby rents at 57 other sites were to be reduced by between 25% and 50%. The contraction jeopardised up to 1,800 out of the 4,500 jobs at the time.^[3]

Subsidiaries

It operates using several casual dining brands:^[4]

Chimichanga
Caffè Uno (previously owned by Paramount Restaurants)
Prezzo
Cleaver
MEXIco

References

^ ^a ^b "PREZZO HOLDINGS LIMITED - Overview". beta.companieshouse.gov.uk. Retrieved 11 October 2017.
^ "PRZ REALISATIONS (2) LIMITED overview - Find and update company information - GOV.UK". Companies House. 23 October 2014. Retrieved 3 August 2023.
^ ^a ^b "Prezzo restaurant chain to close 92 outlets". BBC News. 23 March 2018. Retrieved 23 March 2018.
^ "Restaurant group Prezzo to go private?". 7 May 2008.

This UK-based restaurant or restaurant chain article is a stub. You can help Wikipedia by expanding it.

[company-house-1] "PREZZO HOLDINGS LIMITED - Overview". beta.companieshouse.gov.uk. Retrieved 11 October 2017.

[2] "PRZ REALISATIONS (2) LIMITED overview - Find and update company information - GOV.UK". Companies House. 23 October 2014. Retrieved 3 August 2023.

[bbc-20180323-3] "Prezzo restaurant chain to close 92 outlets". BBC News. 23 March 2018. Retrieved 23 March 2018.

[4] "Restaurant group Prezzo to go private?". 7 May 2008.

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@@ Line 1: / Line 1: @@
+{{Use dmy dates|date=April 2022}}
 {{Infobox company
-| name               = Prezzo Holdings Limited
+| name = Prz Realisations (2) Limited
-| logo               = Prezzo Logo.svg
+| logo = Prezzo Logo.svg
+| former_name = {{Ubl
-| type               = [[Privately held company|Private]]
+| Papa Bidco Limited (2014–2015)
-| foundation         = {{Start date and age|2000|02|04|df=y}}
+| Prezzo Holdings Limited (2015–2021)
-| location_city      = [[Woodford Green]], [[Essex]]
+}}
-| location_country   = [[United Kingdom]]
+| type = [[Privately held company|Private]]
-| key_people         = Jon Hendry Pickup ([[Chief executive officer|CEO]])<ref name="company-house">{{cite web|title=PREZZO HOLDINGS LIMITED - Overview|url=https://beta.companieshouse.gov.uk/company/09278104|website=beta.companieshouse.gov.uk|accessdate=11 October 2017|language=en}}</ref>
+| foundation = {{Start date and age|2000|02|04|df=y}}
-| industry           = [[Restaurant]]
+| defunct = {{End date|2023|05|15|df=y}}
-| products           =
+| location_city = [[Woodford Green]], [[Essex]]
-| revenue            =
+| location_country = United Kingdom
-| operating_income   =
+| key_people = Jon Hendry Pickup ([[Chief executive officer|CEO]])<ref name="company-house">{{cite web|title=PREZZO HOLDINGS LIMITED - Overview|url=https://beta.companieshouse.gov.uk/company/09278104|website=beta.companieshouse.gov.uk|accessdate=11 October 2017|language=en}}</ref>
-| net_income         =
+| industry = [[Restaurant]]
-| owner              =
-| num_employees      =
+| products =
+| revenue =
-| parent             = [[TPG Capital]]
+| operating_income =
-| subsid             = Chimichanga<br>Cafe Uno<br>[[Prezzo (restaurant)|Prezzo]]<br>Cleaver<br>MEXIco
+| net_income =
-| homepage           = {{URL|http://www.prezzorestaurants.co.uk}}
-| footnotes          =
+| owner =
+| num_employees =
+| parent = [[TPG Capital]]
+| subsid = Chimichanga<br />Cafe Uno<br />[[Prezzo (restaurant)|Prezzo]]<br />Cleaver<br />MEXIco
+| homepage = {{URL|prezzo.co.uk}}
+| footnotes =
 }}
-'''Prezzo Holdings Limited'''<ref name="company-house"/> is a chain [[restaurant]] operator in the United Kingdom.
+'''Prz Realisations (2) Limited'''<ref>{{Cite web |date=2014-10-23 |title=PRZ REALISATIONS (2) LIMITED overview - Find and update company information - GOV.UK |url=https://find-and-update.company-information.service.gov.uk/company/09278104 |access-date=2023-08-03 |website=[[Companies House]] |language=en}}</ref> is a chain [[restaurant]] operator in the United Kingdom.<ref name="company-house" />
 ==History==
@@ Line 28: / Line 34: @@
 ==Subsidiaries==
-It operates using several [[Types of restaurant#Casual dining|casual dining]] brands:<ref>{{cite web| url=http://www.caterersearch.com/Articles/2008/05/07/320719/Restaurant-group-Prezzo-to-go-private.htm |title=Restaurant group Prezzo to go private?}}</ref>
+It operates using several [[Types of restaurant#Casual dining|casual dining]] brands:<ref>{{cite web| url=http://www.caterersearch.com/Articles/2008/05/07/320719/Restaurant-group-Prezzo-to-go-private.htm |title=Restaurant group Prezzo to go private?|date=7 May 2008 }}</ref>
 * Chimichanga
@@ Line 39: / Line 45: @@
 {{reflist}}
-[[Category:Restaurant groups in the United Kingdom]]
+[[Category:Restaurant chains in the United Kingdom]]