Chain & Commercial Operators Deals and M&A Operators The Ashton Report Whats Important Now: Report

Pei Wei Sold To Owner Of Leann Chin And Pick Up Stix; Seattle Restaurant Group Buys Kigo Asian Kitchen

Written by The Ashton Report

Two Asian fast-casual chains changed hands last week. Pei Wei Asian Diner, a chain created, initially expanded and then sold by P.F. Chang’s, was purchased by PWD Acquisition from Centerbridge Partners. PWD is owned by Lorne Goldberg, who also owns Asian QSR brand Pick Up Stix and full-service Leann Chin’s and fast-casual Mandarin Express. Together…

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The Ashton Report