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Blaze Pizza

restaurants
PE-OWNED

Fast casual pizza chain offering customizable personal pizzas with quick cooking times.

PE-OWNED

Acquired by Brentwood Associates2016-10-17

View PE Firm Profile

What Made It Great

Fast-fired artisanal pizzas with unlimited toppings and assembly-line customization

What PE Will Likely Do

Blaze Pizza will likely reduce portion sizes for their pizzas while maintaining or increasing prices

HIGH LIKELIHOODBased on: Brentwood Associates' high bankruptcy rate and history of cost-cutting tactics in acquired companies

Blaze Pizza will likely switch to cheaper, lower-quality ingredients like less expensive cheeses, meats, and vegetables

HIGH LIKELIHOODBased on: The restaurant industry playbook, which shows high frequency of portion reduction, ingredient substitution, and labor minimization tactics used by private equity firms

Blaze Pizza will likely reduce the variety of toppings and customization options available to customers

HIGH LIKELIHOODBased on: The fast-fired, customizable pizza model that is central to Blaze Pizza's brand and customer value proposition

Blaze Pizza will likely reduce kitchen and service staff, leading to slower service and potential declines in food quality and consistency

HIGH LIKELIHOODBased on: The fast-fired, customizable pizza model that is central to Blaze Pizza's brand and customer value proposition

Expected Timeline

0-6 monthsCompleted

0 to 6 months months

Minor changes to portion sizes, ingredients, and menu variety begin

6-12 monthsYOU ARE HERE

6 to 12 months months

Customers start noticing smaller pizza sizes and lower-quality ingredients

12-24 months

12 to 24 months months

Significant reduction in pizza quality and customization options, leading to customer dissatisfaction

24-36 months

24 to 36 months months

Accelerated store closures as brand reputation declines and customers abandon Blaze Pizza

Similar Cases

Other companies that followed a similar path after PE acquisition

What You Can Do

Actions

  • Customers should be alert for changes in pizza portion sizes, ingredient quality, and customization options at their local Blaze Pizza locations

  • Customers should provide feedback to Blaze Pizza management if they notice a decline in food quality or service

  • Customers may want to consider alternative fast-casual pizza options that maintain a focus on quality and customization if Blaze Pizza's offerings deteriorate

Alternatives

Darden Restaurants (Olive Garden, LongHorn)SAFE

Publicly traded restaurant group

Local independent restaurantsSAFE

Support local businesses in your area

Share this company's PE status

"Blaze Pizza is now PE-owned. Here's what that means for you."