Piper invests in Yard Sale Pizza

The private equity firm Piper signs a strategic stake acquisition in Yard Sale Pizza, structuring this growth capital injection as the sixth active investment finalized directly from its seventh institutional fund. Announced in April 2025, the transaction formally establishes a partnership between the incoming financial sponsor and the target's executive management team, keeping co-founders Johnnie Tate and Nick Buckland in their leadership roles alongside Chairman Paul Campbell. At the time of the transaction, Yard Sale Pizza demonstrated robust financial momentum, recording an annual turnover of £5–25M for the fiscal year ending April 2025. The strategic rationale driving Piper's investment focuses on deploying programmatic capital to accelerate the target's physical expansion beyond its historical footprint, targeting the precise inauguration of 40 new physical shops within a five-year horizon. Following a spatial analysis project executed in collaboration with the consultancy CACI, the acquiring board identified a structural potential for more than 500 viable delivery locations across the United Kingdom. Furthermore, a defined portion of the injected equity is strictly allocated toward targeted technology upgrades designed to streamline customer ordering interfaces and optimize the localized dispatch network. To oversee this national rollout phase, Piper Associate Partner Yasha Estraikh officially joins the Yard Sale Pizza board of directors as a non-executive member. The financial architecture of this middle-market transaction secures immediate liquidity to fund physical site acquisitions while actively sustaining the brand's established cultural collaborations with external partners. Following the completion of this definitive share purchase agreement and structural reorganization, former marketing director Sam Briggs transitions into a non-executive advisory role within the newly capitalized entity.

By taking control of Yard Sale Pizza, Piper continues its expansion strategy. Previously, the group had completed 2 acquisitions, including Martin Randall Travel in 2024.