P.F. Chang's

Financing

Report says P.F. Chang’s to be sold to investment firms

TriArtisan Capital Partners and Paulson & Co. will buy the Asian casual-dining chain from Centerbridge, according to Bloomberg.

Financing

Reports: P.F. Chang’s in talks to be acquired for $700M

The casual-dining chain, which began exploring a sale in July, has been owned by Centerbridge Partners since 2012.

Operators are tapping seasonal ingredients and holiday flavors to create new dishes.

The company has hired advisors and has some interested buyers.

With flexitarian diets in vogue, operators must make their veggie offerings stand out.

Consumer research told P.F. Chang’s China Bistro that its diners didn’t know what was going on in the kitchen. Its new Farm to Wok campaign was designed to shed light.

Former NPC COO John Hedrick quietly joined the chain last month.

The contemporary Asian concept added a happy hour with $6 small plates and $5 dim sum

When it comes to restaurant brands, the sales leaders are not always consumers’ favorites for a variety of reasons. Chains best at parlaying customer satisfaction into sales are hard to beat.

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