ROUND TABLE PIZZA acquired by GLOBAL FRANCHISE GROUP
Context
Global Franchise Group acquired Round Table Pizza including Round Table Clubhouse and Wings Brew concepts, boosting system-wide sales to nearly $1 billion across 1,500+ stores. The deal integrated 440 U.S. locations (70 company-owned) and 10 international sites into GFG's portfolio alongside Great American Cookies and others. GFG targeted Round Table for its $1M+ AUVs, loyal base, and "center of the plate" positioning complementing snack brands. Strategic fit included leveraging GFG's Atlanta facility for production, franchise support, and West Coast expansion while investing in menus, technology, remodeling. Timing capitalized on Round Table's equity growth under employee ownership.
ROUND TABLE PIZZA, which reported an EBITDA margin of LOGIN in 2017, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Retail & Consumer sector (11.0x).
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Target
Round Table Pizza is a pizza restaurant chain founded in 1959 by Bill Larson in the San Francisco Bay Area, United States. The company specializes in California-style pizzas featuring handmade crusts, fresh dough prepared daily, and high-quality toppings. Signature offerings include the King Arthur Supreme with multiple meats and vegetables, Maui Zaui with pineapple and ham, and Hawaiian pizzas, alongside specialty crusts like herb-garlic and cheesy. Menu complements feature pasta, salads, wings, sandwiches, and desserts in dine-in, takeout, and delivery formats. Round Table operates 440 locations primarily across the western United States in seven states plus 10 international sites, with average unit volumes exceeding $1 million for traditional dine-in restaurants (in 2017). The business model emphasizes franchising with company support for operations, marketing, and supply chain. Revenue derives from franchise royalties (331 franchised vs 62 company-owned in 2016 data) and system-wide sales.
Ent. Value
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Historical Financials (USD)
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REFERENCES
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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Target: round table pizza
Acquirer: global franchise group