NewsNational News


Pei Wei Asian Kitchen has new owners

Posted at 9:23 AM, Jun 06, 2019
and last updated 2019-06-06 12:23:20-04

Pei Wei Asian Diner LLC has been acquired by PWD Acquisition LLC, an entity owned and managed by Lorne Goldberg, from affiliates of New York City-based Centerbridge Partners LP.

The Irving, Texas-based fast casual restaurant, which has about 4,000 employees, operates 167 company-owned locations under the Pei Wei Asian Kitchen brand, in addition to 26 franchised locations.

The company has more than a dozen locations spread around the Valley.

Goldberg also owns and operates about 165 Asian restaurant concept stores in 23 states. Those concepts include Pick Up Stix, Leeann Chin and Mandarin Express.

For more on Pei Wei, read the full story from the Phoenix Business Journal.