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Private equity firm Rutland Partners bought this UK pizza franchise for £1 in 2012, and embarked on a £60m overhaul of the brand. Last year it closed 22 underperforming sites which resulted in a marginal fall in sales to £225.5m. However, it also refurbished a fifth of its 285 restaurants and revamped its menu, which led to profits doubling to £3.3m. Chief executive Jens Hofma, 49, is leading the company’s rejuvenation.

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Company details
CompanyPizza Hut
ActivityRestaurant operator
LocationNorth London
Sales £m225.5
Operating profit £m3.3
Main shareholdersRutland Capital Partners (67%), Jens Hofma (9%), other management (24%)

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda