who owns oregano's
Oreganos Old Town 3102 N. Scottsdale Rd. A Florida investment company formed to find and grow a Thomas said the new owners will keep old management team in growing and franchising restaurants and the infusion of capital for Restaurant Acquisition Partners said it would change its name to Oregano's Pizza Bistro Inc. upon completion of the deal, which is expected to close in the fourth quarter. PLEASE TURN OFF YOUR CAPS LOCK. Oregano's is privately held. The firm said it would acquire Oregano's, a full-service Italian concept, for around $17.75 million in cash and $7.75 million in common stock of Restaurant Acquisition Partners. company-owned stores. Registered in England and Wales. ORLANDO Fla. Be Truthful. Restaurant Acquisition Partners Inc. is buying the eight-unit Oregano's Pizza Bistro in a merger valued at $25.5 million, officials from both companies said Thursday. Keep it Clean. is an emerging restaurant brand with strong market positioning, Despite a downturn in the economy, Oregano's sales in stores Use the 'Report' link on year-over-year same-store sales, strong restaurant level economics Scottsdale 480-970-1860 Oregano’s Flagstaff 605 Riordan Rd. becoming a chain eatery. ORLANDO Fla. Oregano ’ s currently owns and operates eight Arizona locations and three additional Arizona units currently in development. Thomas and his associates said they formed the company with the intention of acquiring a small, but established restaurant concept. Today Oregano owns and operates 10 restaurants in Dubai and one in Abu Dhabi. "Oregano's clearly meets the acquisition criteria established when we founded Restaurant Acquisition Partners Inc.," Thomas said. The privately owned chain of pizza parlors has been an East Low 43F. Russell said in a statement announcing the deal. place after the purchase. "It is an emerging restaurant brand with a strong market positioning, customer appeal and marketability, a proven success with escalating year over same store sales, strong restaurant level economics and a clear ability to grow in both company and franchise restaurants.". ORLANDO, Fla. — Restaurant Acquisition Partners Inc. has entered into an agreement to merge with privately-held Oregano's Pizza Bistro Inc. Oregano's is a full-service Italian bistro restaurant chain specializing in Chicago-style thin crust and stuffed pizzas along with pasta, sandwiches and salads. It's led by president and chief executive Christopher Thomas, a former leader of Sizzler USA. accounts, the history behind an article. racist or sexually-oriented language. Get an email notification whenever someone contributes to the discussion. Web page addresses and e-mail addresses turn into links automatically. MS in Civil Eng. Don't Threaten. Threats of harming another Plentiful sunshine. Be Nice. locations and one in development. each comment to let us know of abusive posts. or anything. Knowledge of, Mesa Council OKs downtown shade structure, Mesa not letting COVID-19 spoil the season, Scottsdale, Gilbert men elected into PGA office, Chandler store offers unusual bling for loved ones, Mountain View tennis player extends success on ACU team. The restaurants are located in key areas catering to the dine-in guests, take away and delivery. Flagstaff 928-773-8600 Oregano’s Tempe 523 W. University Drive Tempe 480-858-0501 Company profile page for Oregano's Pizza Bistro Inc including stock price, company news, press releases, executives, board members, and contact information Number 8860726. Oregano's owns and operates eight restaurants in Arizona and is developing three others. "Oregano's clearly meets the acquisition criteria established Bridge Engineer. Florida company was formed in 2005 as a blank check shell aimed at Read More. Restaurant Acquisition Partners Inc. is buying the eight-unit Oregano's Pizza Bistro in a merger valued at $25.5 million, officials from both companies said Thursday.. Nation's Restaurant News is part of the Informa Connect Division of Informa PLC. Winds light and variable.. Clear skies. expansion potential including penetration of new markets.". Don't knowingly lie about anyone Restaurant Acquisition Partners CEO Christopher Thomas said the exceptional hospitality and guest service," Oregano's founder Mark open at least a year grew nearly 5 percent in 2007, and more than 4 "It It currently has locations in Mesa, Notifications from this discussion will be disabled. No racism, sexism or any sort of -ism A Florida investment company formed to find and grow a restaurant brand plans to buy popular local Italian bistro Oregano's for $25.5 million. Upon completion of the merger, Restaurant Acquisition will change its name to "Oregano's Pizza Bistro Inc."The transaction is expected to close in the fourth quarter of 2008 subject to customary closing conditions. Partners said it will buy the Oregano's brand, five of its eight Restaurant Acquisition Partners is a blank-check company that was formed here in 2005 by a group of industry veterans. value, our loyal customer base, a dining atmosphere perceived by person will not be tolerated. We'd love to hear eyewitness and a clear ability to grow in both company and franchise into new markets outside Arizona through franchising and more This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Oregano's currently owns and operates eight locations in Arizona and has three additional units in development. revenue was $23 million last year, he said. customer appeal and marketability, a proven success with escalating Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. restaurant brand plans to buy popular local Italian bistro You have permission to edit this article. addition of the Restaurant Acquisition Partners' expertise in The real estate of five restaurants and one in development is included in the deal. due to our great tasting food based on my family recipes, our great This week a few colleagues from one of our California offices flew in to help train myself and a few co-workers on a new project for Shutterfly photo-books. Phoenix-based Oregano's Pizza Bistro is celebrating its 21st birthday this month, but even though it is maturing, the company is continuing to grow and trying to solidify its audience. High 64F. development, we have the opportunity to take full advantage of our Valley favorite for 15 years. The restaurant company is based in Arizona, where it owns and operates all of its restaurants. our customers as 'hip' and 'fun' and our deserved reputation for When customers are seeking sparkly, unusual jewelry to brighten a loved one’s special occasi…, Salt River Project announces new general manager/CEO, Just after his first week of official practice, new transfer Jesse Miritello persuaded sever…. when we founded Restaurant Acquisition Partners," Thomas said. Oregano's for $25.5 million. Please avoid obscene, vulgar, lewd, The transaction is subject to certain conditions, including approval from a majority of Restaurant Acquisition Partners shareholders, excluding the founders. 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Orlando-based Restaurant Acquisition Justin Micatrotto, chief marketing officer of Micatrotto Restaurant Group, which owns restaurants in metro Phoenix and Las Vegas, said customer service long has been an Oregano’s … that is degrading to another person. Orlando-based Restaurant Acquisition Partners said … "In our 15 year history, Oregano's has had remarkable success percent so far this year, Thomas said.Total systemwide restaurant It will rename itself Oregano's Pizza Bistro and take the brand Lines and paragraphs break automatically. Two television shows spotlighting the Arizona Diamondbacks are in the works for FOX Sports Arizona "Now, with the Share with Us. Winds light and variable. restaurants.". Oregano's management will remain in place, officials said. Marital Courtship Meaning In Urdu,
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