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Planet Hollywood Owner Scoops Up Bertucci’s Out of Bankruptcy

Earl Enterprises, the company behind Planet Hollywood, Earl of Sandwich, and Buca di Beppo, has purchased Italian chain Bertucci’s out of bankruptcy. Earl Enterprises, which operates about 130 total locations, will pay more than $3 million in cash for Bertucci’s, as well as issue $13 million in new second-lien debt, and take on $4 million in debt.

Bertucci.jpg

Anthony92931/Wikimedia Commons

Struggling Pizza Chain Bertucci’s Files for Bankruptcy

Bertucci’s Corp. filed for Chapter 11 bankruptcy protection, the company announced Monday (April 16). The Northborough, Massachusetts-based pizza chain also revealed that it has a deal lined up to sell the business for about $20 million to an affiliate of Chicago-based investment firm Right Lane Capital LLC.

Bertucci’s Aims to Extend Kitchen Reimage Program

CIT Group Inc., a leading provider of commercial lending and leasing services, announced that CIT Retail & Restaurant Finance served as Sole Lead Arranger in a senior secured credit facility to Bertucci’s Corporation.

Bertucci’s Deploys Micros Web Ordering

Micros Systems, a leading provider of information technology solutions for the hospitality and retail industries, is pleased to announce that Bertucci’s Italian Restaurant has expanded its partnership with Micros through the deployment of Micros webOrdering, a fully integrated online ordering program, and the cloud-based back office platform mymicros.

Management Moves: Carpenter, Roney

Len Carpenter, Bertucci’s CorporationBertucci’s Corporation is pleased to announce the hiring of Len Carpenter as CEO and the newest member of its executive team.Carpenter will lead Bertucci’s operations team and will be responsible for its 95 restaurants.

Bertucci’s Hires Third Exec. Chef in Company History

Northborough, Massachusetts-based Bertucci’s Corporation is excited to announce the arrival of a new executive chef, Jeff Tenner. As Bertucci’s celebrates its 30th year of brick-oven cooking, Chef Tenner brings a fresh perspective as the restaurant continues to evolve.

Bertucci's Launches Online Ordering

Northborough, Massachusetts-based Bertucci’s Corporation has announced the launch of online ordering, providing customers instant access to Bertucci’s entire Brick Oven menu from their PCs or iPhones.