Papa Johns Announces Historic Development Deal With FountainVest Partners To Open Over 1,350 New Stores In China

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By Business Wire Papa John’s International, Inc. (PZZA) – Get Papa John’s International, Inc. Report (“Papa Johns”) today announced a partnership with FountainVest Partners, one of Asia’s leading independent private equity firms, to open more than 1,350 new stores across South China by 2040. The franchisee development agreement, the biggest in Papa Johns history and the largest master franchise deal announced in the pizza industry in recent years, is expected to greatly expand the Company’s footprint in China, one of the world’s fastest-growing pizza delivery markets. FountainVest has also pur…

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