AB Private Credit Investors ("AB-PCI") served as Administrative Agent and Sole Lender for a senior credit facility to support the acquisition of the remaining 50% of equity interests of Mountain Mike’s Pizza by its principal owners and co-CEOs Chris Britt and Ed St. Geme, whose family partnerships have owned the other 50% since 2017. AB-PCI’s experience and expertise in the restaurant industry facilitated a flexible financing solution that addressed the company’s capital needs.
Mountain Mike’s Pizza is a leading franchisor of pizza restaurants, with 250 stores located in California, Oregon, Utah, Arizona, Idaho and Nevada. The restaurants feature fresh, made-to-order pizzas served in a casual, family-friendly atmosphere. Mountain Mike’s was founded in 1978 and is headquartered in Newport Beach, California.
Known for its legendary pepperoni pizza, covered from edge to edge with crispy, curly mini pepperonis, and its 20-inch Mountain-sized pizzas, Mountain Mike’s serves “Pizza the Way it Oughta Be!®” to its legion of fans in the Western US.
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