Consortium Brand Partners Acquires California Pizza Kitchen for Under $300 Million
Updated
Updated · Fox Business · Aug 14
Consortium Brand Partners Acquires California Pizza Kitchen for Under $300 Million
3 articles · Updated · Fox Business · Aug 14
Summary
California Pizza Kitchen’s December 2025 sale to Consortium Brand Partners valued the chain at just under $300 million, with co-founder Rick Rosenfield saying the new owner can take the brand to “new glory.”
More than 120 restaurants in 10 countries remain under the 41-year-old brand, which Rosenfield said still has consistent food and broad family appeal despite years of decline.
Golden Gate Capital bought CPK for $470 million in 2011, and Rosenfield said that ownership damaged the company’s culture before the chain filed for Chapter 11 bankruptcy in July 2020.
CPK emerged from bankruptcy in November 2020 after the pandemic worsened existing financial troubles, leaving the latest ownership change as the next test of whether the chain can regain its former scale.