1851

Chuck E. Cheese&rsquo;s, the family entertainment chain known for being &ldquo;Where A Kid Can Be A Kid&rdquo; (and eat pizza), has agreed to merge with Lion Capital&rsquo;s acquisition company Leo Holdings Corp., <a href="https://www.nrn.com/casual-dining/chuck-e-cheese-s-plans-merger-ipo-0?NL=NRN-01a&amp%3BIssue=NRN-01a_20190408_NRN-01a_724&amp%3Bsfvc4enews=42&amp%3Bcl=article_1_b&amp%3Butm_rid=CPG06000012918300&amp%3Butm_campaign=29745&amp%3Butm_medium=email&amp%3Belq2=7b43f5cc267f49a98097576e1b924b09&utm_source=1851franchise.com&utm_medium=article&utm_campaign=chuck-e-cheeses-to-merge-and-go-public-2709655" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">Nation&rsquo;s Restaurant News</a> reported today. The deal is expected to go down in the second quarter, with the intent of offering shares publicly on the New York Stock exchange later this year.

NRN reports that the merger has an enterprise value of $1.4 billion, according to the companies. In addition to Chuck E. Cheese&rsquo;s, the deal includes acquisition of Peter Piper Pizza, another chain owned by parent company CEC Entertainment Inc. CEC currently has 606 Chuck E. Cheese&rsquo;s in 47 states as well as 144 Peter Piper Pizza units in six states, with both chains&rsquo; 2018 sales totalling $896 million, according to NRN.

Lion Capital has recently invested in several other restaurant brands, including Round Table Pizza, Marble Slab Creamery, Great American Cookies, Gordon Ramsay restaurants and Wagamama, according to NRN.

Read the full article <a href="https://www.nrn.com/casual-dining/chuck-e-cheese-s-plans-merger-ipo-0?NL=NRN-01a&amp%3BIssue=NRN-01a_20190408_NRN-01a_724&amp%3Bsfvc4enews=42&amp%3Bcl=article_1_b&amp%3Butm_rid=CPG06000012918300&amp%3Butm_campaign=29745&amp%3Butm_medium=email&amp%3Belq2=7b43f5cc267f49a98097576e1b924b09&utm_source=1851franchise.com&utm_medium=article&utm_campaign=chuck-e-cheeses-to-merge-and-go-public-2709655" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">here</a>.

Chuck E. Cheese’s To Merge and Go Public

1851 Franchise

The world’s largest family entertainment franchise has agreed to merge with Leo Holdings Corp. and go public on the New York Stock Exchange this year.

chuck-e-cheeses-to-merge-and-go-public

HomeTeam Inspection Service

Good Day Columbus: Home Insurance Expert Reveals Why Central Ohio Premiums Are Rising and How to Combat Costs

rising-home-insurance-costs-ohio

CapitalSpring

Primetime Fitness Expands Crunch Portfolio With CapitalSpring’s Backing

primetime-fitness-expands-crunch-portfolio-with-capitalsprings-backing

Children's Lighthouse

How Children’s Lighthouse Franchisees Scale to Multiple Locations

how-childrens-lighthouse-franchisees-scale-to-multiple-locations

Express Employment Professionals

Betting on Himself: How Chris Brown Built an Express Employment Professionals Franchise From the Ground Up

betting-on-himself-how-chris-brown-built-an-express-employment-professionals-franchise-from-the-ground-up

Comfort Keepers

Comfort Keepers® Named One of America’s Best Home-Care Providers

comfort-keepers-named-one-of-americas-best-home-care-providers

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Potbelly to be Acquired by RaceTrac in $566 Million Deal 

racetrac-acquires-potbelly-in-566-million-deal

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities - 1851 Franchise Agg

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities 

health-care-hiring-slowdown-in-home-care-franchise-opportunities

Caribou Coffee Names Scott Kennedy CEO, Eyes Continued Growth

caribou-coffee-names-scott-kennedy-ceo-eyes-continued-growth

McDonald’s Launches New Extra Value Meals as Consumer Demand for Value Continues to Climb

mcdonalds-launches-extra-value-meals

Power Eats: Smoothie King Rolls Out Food Nationwide To Fuel Franchise Growth

smoothie-king-food-menu-power-eats

Technomic Releases Annual Ranking of the Top 15 Fast-Food Chains in the U.S.

technomic-releases-annual-ranking-of-the-top-15-fast-food-chains-in-the-us

"Come in, We're OPEN" sign against abstract background

Small Business Optimism Dips, Raising Concerns for Franchise Owners

small-business-optimism-dips-raising-concerns-for-franchise-owners

Hely and Hiral Patel Bring Their Longtime Dream to Life With The Brass Tap

brass-tap-franchise-pasadena-maryland-hely-hiral-patel

DevHub - Meet the Supplier - 1851 Franchise

DevHub: Scalable Digital Marketing for Franchises and Multi-Location Brands

devhub-meet-the-supplier

1851 Keyword - The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

part-time-franchises-picking-the-right-model

Franchisee spotlight graphic with photo of Ricki Oberoi and Layne's Chicken Fingers logo

Multi-Unit Wendy’s Operator Signs 12-Unit Deal With Layne’s Chicken Fingers

ricki-oberoi-laynes-chicken-fingers-growth

Design with school-aged child standing on pencil with text "Education Franchises" and "<$500K"

Top Education Franchises Under $500K To Explore in 2025

top-education-franchises-under-500k

1851 Franchise Deep Dive graphic with Sparkle Squad logo

Sparkle Squad Franchise Costs, Fees, Profit and Data for 2025

franchise-deep-dive-sparkle-squad-franchise-costs-fees-profit-and-data

Chuck E. Cheese’s To Merge and Go Public

MORE STORIES LIKE THIS