Industry News | January 20, 2016

Pieology Receives Investment from Panda Restaurant Group

image used with permission.

Pieology Pizzeria, where pizza lovers go to create artisan-style custom pizzas in endless flavor combinations, is proud to announce its strategic investment from Andrew and Peggy Cherng, the founders of Panda Restaurant Group (PRG), one of America’s largest and most successful family-owned restaurant companies, with close to 1,900 locations globally.

“We are humbled by Andrew and Peggy’s trust in Pieology as a leader in the fast-casual custom pizza category, and we are truly honored to be partnering with the Cherng Family, for whom I have tremendous respect,” Chang says. “The Cherngs’ generosity in allowing us access to PRG’s valuable resources provides our organization and our franchise partners with unparalleled strategic advantages on so many levels, as Pieology continues to expand across the nation. I am beyond excited about our future.”

Pieology is steadily expanding its U.S. footprint, with commitments throughout the country in various stages of development. With access to PRG’s unlimited resources from real estate to vendor relations and buying power, Pieology is poised to grow even stronger and more efficiently as an organization while continuing to cement its position as the leader in the custom pizza segment.

“Andrew and I are proud to support Pieology in its growth as a leader in the fast casual category. We appreciate aligning with organizations whose mission and values reflect our commitment to quality and people development," says Peggy Cherng.

Founded in 2011, Pieology was created from the simple idea to turn one of America’s favorite food into an affordable and interactive experience. The mission of Pieology is to inspire individual creativity in a positive and encouraging atmosphere where guests can enjoy a delicious meal with family and friends. In addition to providing a memorable dining experience, Pieology is committed to making a positive difference in every community it serves, one pie at a time.

“What the Cherngs have accomplished with Panda Restaurant Group is astounding, but what they have achieved culturally as an organization in bettering the lives of their employees, along with the positive impact made within their local communities with programs like Panda Cares, is perhaps the most impressive achievement of all,” Chang says.

News and information presented in this release has not been corroborated by QSR, Food News Media, or Journalistic, Inc.

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