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Prezzo Holdings
Prezzo Holdings Limited is a chain restaurant operator in the United Kingdom. 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. Subsidiaries It operates using several casual dining brands: * Chimichanga * Caffè Uno (previously owned by Paramount Restaurants) * Prezzo Prezzo (german: Pretz) is a ''frazione'' of the commune of Pieve di Bono-Prezzo, in Trentino, northern Italy, located about southwest of Trento Trento ( or ; Ladin and lmo, Trent; german: Trient ; cim, Tria; , ), also anglicized as Trent, ... * Cleaver * MEXIco References Restaurant groups in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Woodford Green
Woodford Green is an area of Woodford in north-east London, England, within the London Borough of Redbridge. It adjoins Buckhurst Hill to the north, Woodford Bridge to the east, South Woodford to the south, and Chingford to the west. Epping Forest runs through Woodford Green in the west of the area, north-east of Charing Cross. It was a hamlet in the ancient civil parish of Woodford St Mary, in the historic county of Essex, becoming an urban district in 1894. For administrative purposes, this merged with the Wanstead Urban District to form the Wanstead and Woodford Urban District in 1934. In 1965, the urban district became part of the London Borough of Redbridge. Politics Woodford Green is part of the Parliamentary Constituency of Chingford and Woodford Green, represented since its creation in 1997 by Iain Duncan Smith, leader of the Conservative Party from 2001 to 2003. He was Secretary of State for Work and Pensions from 2010 to 2016. Duncan Smith is a successor of Sir W ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Essex
Essex () is a county in the East of England. One of the home counties, it borders Suffolk and Cambridgeshire to the north, the North Sea to the east, Hertfordshire to the west, Kent across the estuary of the River Thames to the south, and Greater London to the south and south-west. There are three cities in Essex: Southend, Colchester and Chelmsford, in order of population. For the purposes of government statistics, Essex is placed in the East of England region. There are four definitions of the extent of Essex, the widest being the ancient county. Next, the largest is the former postal county, followed by the ceremonial county, with the smallest being the administrative county—the area administered by the County Council, which excludes the two unitary authorities of Thurrock and Southend-on-Sea. The ceremonial county occupies the eastern part of what was, during the Early Middle Ages, the Anglo-Saxon Kingdom of Essex. As well as rural areas and urban areas, it forms ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Restaurant
A restaurant is a business that prepares and serves food and drinks to customers. Meals are generally served and eaten on the premises, but many restaurants also offer take-out and food delivery services. Restaurants vary greatly in appearance and offerings, including a wide variety of cuisines and service models ranging from inexpensive fast-food restaurants and cafeterias to mid-priced family restaurants, to high-priced luxury establishments. Etymology The word derives from early 19th century from French word 'provide food for', literally 'restore to a former state' and, being the present participle of the verb, The term ''restaurant'' may have been used in 1507 as a "restorative beverage", and in correspondence in 1521 to mean 'that which restores the strength, a fortifying food or remedy'. History A public eating establishment similar to a restaurant is mentioned in a 512 BC record from Ancient Egypt. It served only one dish, a plate of cereal, wild fowl, and o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TPG Capital
TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American investment company based in Fort Worth, Texas. The private equity firm is focused on leveraged buyouts and growth capital. TPG manages investment funds in growth capital, venture capital, public equity, and debt investments. The firm invests in a range of industries including consumer/retail, media and telecommunications, industrials, technology, travel, leisure, and health care. The firm was founded in 1992 by David Bonderman, James Coulter, and William S. Price III and has raised $50 billion of investor commitments across more than 18 private equity funds.Source: Preqin Private equity funds TPG has historically relied primarily on private equity funds, pools of committed capital from pension funds, insurance companies, endowments, fund of funds, high-net-worth individuals, sovereign wealth funds, and from other institutional investors. History and notable investments Founding Texas P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prezzo (restaurant)
Prezzo ("price" in Italian language, Italian) is a restaurant chain serving mostly Italian cuisine, Italian cuisine in the United Kingdom and Ireland. The first restaurant opened on New Oxford Street, London in November 2000. there were more than 180 branches across the country, following many closures in 2018. It is part of Prezzo Holdings. The chain is currently owned by Cain International. History The first Prezzo restaurant was opened in central London by Jonathan Kaye, the company's chief executive, in 2000. there were more than 180 branches in the UK. Prezzo opened its first restaurant in Ireland in February 2016. Prezzo commonly converts old buildings of architectural value from their old purposes into Prezzo restaurants; examples include an old cinema in Beaconsfield, Buckinghamshire. The first owner of the Prezzo business was Jonathan Kaye In 2008 Jonathan hired cousins Adam Kaye and Samuel Kaye (sons of Philip Kaye) to join Prezzo plc's board of directors. Ada ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Restaurant
A restaurant is a business that prepares and serves food and drinks to customers. Meals are generally served and eaten on the premises, but many restaurants also offer take-out and food delivery services. Restaurants vary greatly in appearance and offerings, including a wide variety of cuisines and service models ranging from inexpensive fast-food restaurants and cafeterias to mid-priced family restaurants, to high-priced luxury establishments. Etymology The word derives from early 19th century from French word 'provide food for', literally 'restore to a former state' and, being the present participle of the verb, The term ''restaurant'' may have been used in 1507 as a "restorative beverage", and in correspondence in 1521 to mean 'that which restores the strength, a fortifying food or remedy'. History A public eating establishment similar to a restaurant is mentioned in a 512 BC record from Ancient Egypt. It served only one dish, a plate of cereal, wild fowl, and o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tex-Mex
Tex-Mex cuisine (from the words ''Texan'' and ''Mexican'') is an American cuisine, American cuisine that derives from the culinary creations of the Tejanos, ''Tejano'' people of Texas. It has spread from border states such as Texas and others in the Southwestern United States to the rest of the country. Tex-Mex is most popular in Texas and neighboring areas, especially nearby states in both the US and Mexico. It is a subtype of Cuisine of the Southwestern United States, Southwestern cuisine found in the American Southwest. Common dishes Some ingredients in Tex-Mex cuisine are also common in Mexican cuisine, but others not often used in Mexico are often added. Tex-Mex cuisine is characterized by its heavy use of shredded cheese, beans, meat (particularly Chicken as food, chicken, beef, and pork), chili peppers, and spices, in addition to flour tortilla, ''tortillas''. Sometimes various Tex-Mex dishes are made without the use of a ''tortilla''. A common example of this is th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Company Voluntary Arrangement
Under UK insolvency law an insolvent company can enter into a company voluntary arrangement (CVA). The CVA is a form of composition, similar to the personal IVA ( individual voluntary arrangement), where an insolvency procedure allows a company with debt problems or that is insolvent to reach a voluntary agreement with its business creditors regarding repayment of all, or part of its corporate debts over an agreed period of time. The application for a CVA can be made by the agreement of all directors of the company, the legal administrators of the company, or the appointed company liquidator. Implementation A company voluntary arrangement can only be implemented by an insolvency practitioner who will draft a proposal for the creditors. A meeting of creditors is held to see if the CVA is accepted. As long as 75% (by debt value) of the creditors who vote agree then the CVA is accepted. All the company creditors are then bound to the terms of the proposal whether or not they vot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Types Of Restaurant
Restaurants fall into several industry classifications, based upon menu style, preparation methods and pricing, as well as the means by which the food is served to the customer. This article mainly describes the situation in the USA, while categorisation differs widely around the world. Origin of categories Historically, ''restaurant'' referred only to places that provided tables where one ate while seated, typically served by a waiter. Following the rise of fast food and take-out restaurants, a retronym for the older "standard" restaurant was created, sit-down restaurant. Most commonly, "sit-down restaurant" refers to a casual-dining restaurant with table service, rather than a fast food restaurant or a diner, where one orders food at a counter. Sit-down restaurants are often further categorized, in North America, as "family-style" or " formal". In British English, the term ''restaurant'' almost always means an eating establishment with table service, so the "sit down" qualif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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