Round Table Pizza has a rich history in the pizza industry. Founded in 1959, it has gone through several significant ownership changes. This article explores who currently owns Round Table Pizza, its ownership journey, and how these changes have influenced its growth.
Bill Larson’s Vision and Founding
In 1959, Bill Larson founded Round Table Pizza in Menlo Park, California. He envisioned a place where families could enjoy quality pizza in a community setting. His commitment to fresh ingredients and customer satisfaction quickly gained popularity, particularly on the West Coast.
For a deeper dive into the brand’s early days, check out Round Table Pizza Menu Reviews & History, which covers its evolution.
Employee Ownership Era (1985–2011)
By 1985, Bill Larson decided to hand ownership over to his employees through an Employee Stock Ownership Plan (ESOP). This move allowed employees to take control of the brand, fostering a sense of ownership and responsibility. However, the company faced challenges in a competitive pizza market, which slowed its growth.
For more examples of employee-owned businesses, see Who Owns Great American Cookie?.
Acquisition by Global Franchise Group (2011–2021)
In 2011, Global Franchise Group (GFG) acquired Round Table Pizza. GFG, which owns multiple franchise brands, revitalized the company by investing in new marketing strategies and operations. This acquisition also allowed Round Table to expand into new regions and modernize its franchise model.
FAT Brands Acquisition (2021–Present)
In 2021, FAT Brands Inc. purchased Global Franchise Group, bringing Round Table Pizza under its portfolio. FAT Brands, a global franchising company known for managing other well-known brands like Fatburger and Marble Slab Creamery, continues to grow Round Table Pizza through franchising and ghost kitchens. You can read more about similar expansions in What Pizza Is Similar to Round Table?.
The Role of Franchising in Round Table’s Success
Franchising has been central to Round Table Pizza’s expansion strategy. By partnering with local entrepreneurs, the brand has grown steadily, particularly in California. FAT Brands continues to support franchisees with new initiatives like online ordering and ghost kitchen partnerships.
FAQs
Who owns Round Table Pizza?
FAT Brands Inc. currently owns Round Table Pizza.
When did FAT Brands acquire Round Table Pizza?
FAT Brands acquired Round Table Pizza in 2021.
Was Round Table Pizza ever employee-owned?
Yes, Round Table was employee-owned from 1985 to 2011.
What is the future of Round Table Pizza?
Under FAT Brands, Round Table is focused on expanding through franchising and new technologies like ghost kitchens.
Conclusion
Round Table Pizza has evolved from a small California pizzeria into a major player in the pizza industry. Over the years, ownership has shifted from founder Bill Larson to employees, then to Global Franchise Group, and finally to FAT Brands Inc.. With FAT Brands’ leadership, the future looks promising for further expansion.