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Peter Piper Pizza, LLC
Peter Piper Pizza
Company typeSubsidiary
Industry
Founded1973; 51 years ago (1973)
Glendale, Arizona, U.S.
FounderAnthony M. "Tony" Cavolo
Headquarters
Phoenix, Arizona
,
U.S.
Number of locations
129 (Q4 2019)
Area served
United States, Mexico
Key people
Randy Forsythe (President)
Jim Brawley (COO)
Genaro Perez (Chief Marketing Officer)
ProductsPizza
Chicken wings
"Cheesy bread"
ServicesArcade games
Birthday parties
Kiddie rides
OwnerApollo Global Management (2014–2020)
Monarch Alternative Capital (2020–present)
Parent
  • Venture West Group (1992–2007)
  • ACON Investments (2007–2014)
  • CEC Entertainment, Inc. (2014–2020)
  • CEC Entertainment, LLC. (2020–present)
Websitewww.peterpiperpizza.com

Peter Piper Pizza (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 acquired by private equity firm Monarch Alternative Capital in 2020 as a result of their acquisition of CEC Entertainment.[1][2][3][4]

History

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]

Peter Piper Pizza in Avondale, Arizona

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

  1. ^ Wiles, Angelique Soenarie and Russ. "Chuck E. Cheese buys Phoenix's Peter Piper Pizza". The Arizona Republic. Retrieved 2023-05-16.
  2. ^ "Chuck E. Cheese's parent acquires Peter Piper Pizza". Nation's Restaurant News. 2014-10-17. Retrieved 2023-05-16.
  3. ^ Scurria, Andrew. "Chuck E. Cheese to Leave Bankruptcy With $490 Million Less Debt". WSJ. Retrieved 2023-05-16.
  4. ^ "Chuck E. Cheese parent CEC Entertainment emerges from bankruptcy". Nation's Restaurant News. 2021-01-04. Retrieved 2023-05-16.
  5. ^ Raiman, Mary (7 November 2017). "Pick the perfect slice at new Peter Piper Pizza in Greenacres". South Florida Sun Sentinel. Retrieved 9 April 2019.
  6. ^ Ruggles, Ron (21 August 1995). "Peter Piper purchases Pistol Pete's". Nation's Restaurant News. Vol. 29, no. 33. p. 3. ISSN 0028-0518.
  7. ^ Hogan, Donna (9 January 2007). "Peter Piper Pizza purchased; price private". East Valley Tribune. Retrieved 9 April 2019.
  8. ^ "Chuck E. Cheese buys Phoenix's Peter Piper Pizza". azcentral. October 2014. Retrieved 30 June 2016.
  9. ^ Shafer, Ellise (2020-06-25). "Chuck E. Cheese Files for Bankruptcy". Variety. Retrieved 2020-06-27.
  10. ^ "Chuck E. Cheese to Leave Bankruptcy With $490 Million Less Debt". wsj.com. December 15, 2020. Retrieved December 16, 2020.
  11. ^ Fantozzi, Joanna (January 4, 2021). "Chuck E. Cheese parent CEC Entertainment emerges from bankruptcy". nrn.com. Nation's Restaurant News. Retrieved January 5, 2021.
  12. ^ "Peter Piper Pizza - WD Partners". Archived from the original on March 5, 2014. Retrieved 11 July 2016.
  13. ^ "Brand New: New Logo and Restaurant Design for Peter Piper Pizza". Retrieved 11 July 2016.
  14. ^ "8 Major Brands That Went Flat in 2015". Retrieved 11 July 2016.

Further reading

External links

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