Prezzo Holdings
Prezzo Holdings Limited is a chain restaurant operator in the United Kingdom.History
In 2014 the company was bought by private equity investment firm TPG Capital for just over £300 million.
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 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.Subsidiaries
It operates using several casual dining brands:
- Chimichanga
- Caffè Uno
- Prezzo
- Cleaver
- MEXIco
