Consortium Brand Partners-led group to acquire California Pizza Kitchen

California Pizza Kitchen (CPK) is to beryllium acquired by an capitalist radical led by Consortium Brand Partners, with Convive Brands CEO Jon Weber appointed to pb the chain’s edifice operations, arsenic reported by Reuters.

The woody comes 5 years aft CPK entered bankruptcy during the pandemic, erstwhile a income slowdown and precocious indebtedness levels led the institution to question extortion successful July 2020.

Lenders took ownership of the concern pursuing that process.

Under the caller structure, Weber - whose Convive Brands is portion of the purchasing radical - volition go CEO of CPK’s edifice division.

Michael Beacham, presently CPK’s president, volition instrumentality complaint of the user packaged goods (CPG) business.

Other members of the capitalist radical see Eldridge Industries, Bain Capital’s recognition limb and Aurify Brands.

Deal presumption were not disclosed, and the transaction is expected to beryllium completed successful precocious December 2025.

CPK was founded 40 years agone successful Beverly Hills successful the US authorities of California and operates much than 120 locations astir the world.

Reuters reported successful November 2025 that the institution was nearing an statement for little than $300m.

For Consortium Brand Partners, the acquisition marks its archetypal determination into restaurants.

Its existing holdings see activewear marque Outdoor Voices, location décor institution Jonathan Adler and manner marque Draper James, established by histrion Reese Witherspoon.

Eldridge Industries’ edifice level Convive Brands owns Le Pain Quotidien and The Little Beet.

New York City Aurify Brands owns Melt Shop and Fields Good Chicken and is simply a franchise spouse to Five Guys and Wingstop.

Bain Capital Credit is participating by offering indebtedness and equity financing.

The caller owners program to grow CPK’s edifice footprint successful the US and internationally done franchise partners, summation market organisation of CPK-branded products done the CPG programme and proceed paper development.

In an interview, Consortium Brand Partners laminitis Cory Baker stated: "CPK has utmost marque loyalty for thing that's been astir for truthful agelong ... and there's an unthinkable magnitude of accidental left.”

CPK presently sells frozen pizzas via a concern with Nestlé and crockery dressings done shaper Litehouse, with products distributed crossed much than 10,000 market retailers worldwide.

"Consortium Brand Partners-led radical to get California Pizza Kitchen" was primitively created and published by Verdict Food Service, a GlobalData owned brand.

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