PREZZO, headquartered in the UK, is one of the leading branded UK casual dining restaurant chains. Founded in 2000, it was previously listed on the UK AIM market and majority family-owned. Prezzo currently trades from over 280 sites, primarily Italian-themed Prezzo, as well as other brands. …..restaurants across the UK in all shapes and sizes from old libraries to harbour side beauties.

TPG CAPITAL bought Prezzo in November 2014. From the 2016 annual report: "Papa Topco Limited was set up by TPG Capital to acquire (through its intermediate holding companies) a 100% equity interest in Prezzo Limited (“Prezzo”), the main trading subsidiary in the Group. The investment in Prezzo is held within the portfolio of TPG Partners Vt, L.P. and the ultimate controlling party is TPG Advisors Vl-AIV, Inc.

For the 52 weeks ended 1 January 2017, revenue increased 12.7% to £219.7m (62 weeks ended 3 January 2016: £195.Om), driven by full year contribution following acquisition. Adjusted loss before tax increased to £77.5m (62 weeks ended 3 January 2016: £2.8m), driven, mainly by an increase in finance costs and non-trading items.
Gross (or restaurant) profit increased to £34.3m (62 weeks ended 3 January 2016: £32.Om) with gross profit margin reducing to 15.6% (62 weeks ended 3 January 2016: 16.4%), reflecting an increase in regulatory cost pressures incurred in the period."