In what will be the largest leveraged buyout of a restaurant chain since the 2010 transaction that brought a $4.2 billion price tag to Burger King holdings, P .F. Chang’s China Bistro is scheduled to be taken private in mid-June when private equity firm Centerbridge Partners pays P. F. Chang’s shareholders $51.50 a share in a $1.1 billion deal.
The chain, founded by Paul Fleming chef Philip Chiang, first opened in Scottsdale, Arizona, in 1993, offering Western-influenced Asian food at reasonable prices. It owns numerous company stores in the United States and sells licensing agreements in international markets. Fast-casual Pei Wei’s Asian Diner, which originated in Dallas, is part of the mix. Continue reading →
The Texas Chefs Association is look for professional bakers to donate their goods to this wonderful cause that benefits several local charities in North Texas. They are also looking for professional pastry eaters to come buy the goods! Check out the information below to learn how you may help.
NorthPark Center and the Texas Chefs Association’s 25th Annual “Treats of Christmas” will be held Saturday, December 17th at NorthPark Center.
The name, “Toni Rivard” of Crème de la Cookie is synonymous with cakeballs in Dallas. Naturally when Rivard developed her new upscale bakery concept located just outside of Neiman Marcus at NorthPark Center, she used her namesake. The tiny outpost is as fashionable as the department store it sits in front of. Continue reading →