Olympus Partners has acquired NPC International, Inc (NPC), the largest Pizza Hut franchisee and the largest franchisee of any restaurant concept in the United States. The company operates 1,153 Pizza Hut units (approximately 19 per cent of the domestic system) in 28 states with significant presence in the Midwest, South and Southeast.
Olympus has a long history of investing in successful restaurant franchisees, including previous investments in the Taco Bell, KFC, Wendy’s, Chili’s and Golden Corral systems.
Paul Rubin (pictured) of Olympus Partners says: “We are excited to be partnering with Jim Schwartz, Troy Cook and the rest of the highly experienced management team at NPC who have a long track record of delivering growth and superior operating results. We are also enthusiastic about investing again with YUM! Brands, this time in supporting Pizza Hut, the leading pizza brand in the US.”
Founded in 1988, Olympus Partners is a Stamford, Connecticut-based private equity firm focused on providing equity capital for middle market management buyouts and for companies needing capital for expansion. Olympus is an active, long-term investor across a broad range of industries, including restaurants, consumer products, healthcare services, financial services and business services.
