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According to a <a href="https://www.bloomberg.com/news/articles/2019-01-07/p-f-chang-s-is-said-to-near-700-million-sale-to-triartisan?utm_source=1851franchise.com&utm_medium=article&utm_campaign=triartisan-in-talks-to-acquire-pf-changs-for-as-much-as-700-million-2708822" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">Bloomberg</a> report cited in an article by <a href="https://www.nrn.com/casual-dining/triartisan-reportedly-pf-chang-s-acquisition-talks?NL=NRN-02_&amp%3BIssue=NRN-02__20190109_NRN-02__656&amp%3Bsfvc4enews=42&amp%3Bcl=article_1_1&amp%3Butm_rid=CPG06000002568392&amp%3Butm_campaign=27806&amp%3Butm_medium=email&amp%3Belq2=2f68689517694477b9f3dfe23ec5f0e7&utm_source=1851franchise.com&utm_medium=article&utm_campaign=triartisan-in-talks-to-acquire-pf-changs-for-as-much-as-700-million-2708822" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">Nation&rsquo;s Restaurant News</a>, TriArtisan Capital Advisors LLC is currently in &ldquo;exclusive talks&rdquo; to acquire the Asian restaurant brand P.F. Chang&rsquo;s for up to $700 million from private equity firm Centerbridge Partners L.P.

While no final agreement has been made, sources close to the talks believe that funding is in place, reports the article.

&ldquo;Given the positive performance of P.F. Chang&#39;s Bistro and having received multiple unsolicited indications of interest, this is an exciting time to explore a sale,&rdquo; Steve Silver, global co-head of private equity at Centerbridge, said in a July statement according to the article.

According to P.F. Chang&rsquo;s website, the brand has over 210 U.S. units and over 95 restaurants in more than 25 countries around the world. The brand saw an estimated $912.9 million in U.S. sales in the fiscal year ended December 2017, which was up from $906.2 million in 2016, according to the most recent NRN Top 200 report cited in the article.

Read the full report <a href="https://www.nrn.com/casual-dining/triartisan-reportedly-pf-chang-s-acquisition-talks?NL=NRN-02_&amp%3BIssue=NRN-02__20190109_NRN-02__656&amp%3Bsfvc4enews=42&amp%3Bcl=article_1_1&amp%3Butm_rid=CPG06000002568392&amp%3Butm_campaign=27806&amp%3Butm_medium=email&amp%3Belq2=2f68689517694477b9f3dfe23ec5f0e7&utm_source=1851franchise.com&utm_medium=article&utm_campaign=triartisan-in-talks-to-acquire-pf-changs-for-as-much-as-700-million-2708822" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">here</a>.

<div>&nbsp;</div>

TriArtisan In Talks to Acquire P.F. Chang’s For As Much As $700 Million

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TriArtisan In Talks to Acquire P.F. Chang’s For As Much As $700 Million

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