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Tasty Restaurant Group has acquired 37 Pizza Hut locations in Virginia and West Virginia, bringing the company’s portfolio to 153 Pizza Hut restaurants and 63 Burger King restaurants in 10 states. Tasty Restaurant Group is owned by Los Angeles-based private equity firm Triton Pacific and operates its Pizza Huts under the group’s affiliate Tasty Hut.
“We are thrilled to expand our Pizza Hut portfolio and increase our market share within the region. The addition of these locations will enhance our existing portfolio in Virginia and West Virginia, and improve operational economies of scale,” said Craig Faggen, Triton Pacific’s CEO. “Quick service restaurants continue to perform well and have adapted to new safety and operational procedures. Pizza Hut was the first national chain to introduce contactless curbside pickup, and we are pleased to be part of an organization that puts the interests of its team members, customers and the communities it serves first.”
Tasty Hut’s latest acquisition includes 34 locations in Northern Virginia and 3 locations in West Virginia.