Prz Realisations (2) Limited[2] is a chain restaurant operator in the United Kingdom.[1]
History
In 2014 the company was bought by private equity investment firm TPG Capital for just over £300 million.
On 23 March 2018 Prezzo Holdings announced it was closing the 33 branch Tex-Mex chain Chimichanga, and closing 92 branches of the Prezzo chain, in a company voluntary arrangement (CVA) restructuring whereby rents at 57 other sites were to be reduced by between 25% and 50%. The contraction jeopardised up to 1,800 out of the 4,500 jobs at the time.[3]
Subsidiaries
It operates using several casual dining