Cooley advised Pizza Hut Restaurants UK and its senior leadership team, led by CEO Jens Hofma, on the management buyout of the business from Rutland Partners, a UK private equity firm. Cooley’s team was led by private equity partner Stephen Rosen and finance partner John Clark.

The MBO is backed by Pricoa Capital Group, the international private capital investment arm of PGIM.

“Five years ago, we began an incredible journey and we’re now experiencing the true extent of the positive impact Rutland Partners’ investment and guidance has made to the business,” said Hofma. “Our focus has been on our three most important assets: our people, our Huts and our menu. Our investment and strategy in those areas has helped us to revitalise our estate and cement our status in the UK’s fast-casual dining market.”