Who owns P.F Changs?

P. F. Chang’s China Bistro is an American-based, casual dining restaurant chain. The company also created and opened an expanding number of P.F. Chang’s To Go units, and the company expects as many as 50 open by the end of this year. The company has more than 200 bistros domestically and internationally.

Who owns P.F Chang’s?

In the past two years as CEO, Damola Adamolekun, and P.F. Chang’s team have ramped up the off-premises push with P.F. Chang’s To Go, improved the brand’s technology, honed the retail offerings and polished the in-restaurant dining experience. Adamolekun is a partner in Paulson & Co., the investment group that joined forces with TriArtisan Capital Advisors to buy P.F. Chang’s for $700 million in early 2019.

From private-equity firm Centerbridge Partners. P.F. Chang’s was founded in 1993 by Paul Fleming and Philip Chiang that serves Asian fusion cuisine. Centerbridge Partners owned and operated Chang’s until acquired by the private equity firm TriArtisan Capital Advisors on March 2, 2019. P. F. Chang’s is headquartered in Scottsdale, Arizona.

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