StartupSmart:

Retail Food Group’s $30 million acquisition of Pizza Capers www.pizzacapers.com.au/ will “supercharge” the growth and operations of Pizza Capers’ franchisees, co-founder Anthony Russo says.

Russo and Scott Geiszler founded Pizza Capers in 1996, in the Brisbane suburb of Kenmore. It launched 12 outlets before embarking on a franchising program in 2005.

There are now 110 outlets, all of which have been acquired in a $30 million deal with the Retail Food Group. Russo and Geiszler will both remain in the business.

The outlets are mainly based in Queensland, where there are 93. The remaining outlets are in Victoria, NSW, the ACT, South Australia, Tasmania and Singapore.

 

Originally posted by Cris Zimermann on March 9, 2012 in Franchise Site.

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