🠈  Papa Murphy's  🠊

Papa Murphy's

Papa Murphy's is a innovator in the realm of Take-and-Bake pizzas. They build the pizza from fresh ingredients in shop and you bake at home. This creates a better pizza than frozen.

I love baking in the winter as the warmth from the over heats the house. In some states Take-and-Bake pizzas are regulated as groceries lowering costs or allowing purchase with food stamps.

The name Papa Murphy's came to be in 1995 when Papa Aldo's Pizza (established 1981 in Hillsboro, Or) merged with Murphy's Pizza (established 1984 in Petaluma, Ca) under the direction of Terry Collins1,2.

The chain merged with PMI Holdings, Inc in 2004 and was sold to Lee Equity Partners of New York in 2010.4

The company raised $64.1 million in an IPO on NASDAQ with the symbol FRSH in 2014.5 They used the funds to pay down debt and pay a dividend to "preferred stock holders." The company was taken private again in 2019 by Canadian based MTY Food Group. The chain now has over 1500 locations.

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  1. Wikipedia - Papa Murphy's (Drawn 11/6/2019)
  2. Funding Universe - Papa Murphy's (Drawn 11/6/2019)
  3. Global Newswire - MTY Completes Acquisition (Drawn 11/6/2019)
  4. QSR Magazine - Papa Murphy's sold to Lee Equity Partners (Drawn 11/6/2019)
  5. Restaurant Finance Monitor - Papa Murphy IPO (Drawn 11/6/2019)

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