Target Information
ALG Holdings Family, LLC, founded by acquisition entrepreneur JB Yowell, exemplifies years of dedication and strategic business growth. Yowell launched his first enterprise, a dog grooming service named Washadoggery, at just 21 years old. Over the past two decades, he has ventured into diverse sectors including energy, hospitality, real estate, radio broadcasting, and construction. Today, ALG Holdings boasts ownership in numerous companies, signifying a robust and varied portfolio that is set for aggressive expansion in the coming years.
Recently, ALG Holdings has acquired Perrotti's Pizza, a well-established family restaurant situated on the Texas Christian University campus. This acquisition marks a strategic addition to ALG's diverse holdings, aimed at enhancing the business's profitability and enriching the employee experience through increased wages.
Industry Overview in the United States
The family restaurant industry in the United States has shown resilience and adaptability over recent years, especially as consumer preferences evolve toward convenience and quality dining experiences. In the context of Texan dining culture, restaurants like Perrotti's Pizza benefit from a diverse customer base consisting of students, faculty, alumni, and local residents. This environment fosters a steady stream of patrons, particularly in campus-centric locations.
Amidst the ongoing economic recovery post-COVID-19, the restaurant sector is experiencing a surge in demand for in-person dining experiences. Growth in delivery and take-out options further emphasizes the industry's versatility. The combination of these factors creates ample opportunities for restaurants to innovate and increase their market share.
Moreover, the emphasis on local sourcing and sustainability plays a critical role in the success of establishments within this sector. Family-owned restaurants like Perrotti's Pizza, which place value on community engagement and high-quality food offerings, are well-positioned to capitalize on these trends. As consumers increasingly seek authenticity and support for local businesses, Perrotti’s Pizza stands to gain from its established history and loyal clientele.
As the demand for dining options continues to grow, combined with a robust consumer base surrounding educational institutions, the outlook for family restaurants in Texas remains optimistic. This sector will likely see increased investment and interest, as companies like ALG Holdings seek to integrate their operations and enhance profitability across their newly acquired assets.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Rationale Behind the Deal
The acquisition of Perrotti's Pizza aligns with ALG Holdings' broader strategy of portfolio expansion and revenue enhancement. By investing in a recognizable brand located in a hub of activity, ALG aims to leverage the daily influx of students and faculty at Texas Christian University to drive sales growth.
Furthermore, by committing to raise salaries for employees, ALG Holdings not only ensures improved morale and retention among its workforce but also positions the brand favorably in an increasingly competitive labor market in the restaurant industry.
Investor Information
JB Yowell, the driving force behind ALG Holdings, has proven expertise in nurturing and scaling business ventures across various industries. His entrepreneurial journey is marked by a series of strategic acquisitions and operational improvements, reflecting a strong business acumen and a keen understanding of market dynamics.
With a focus on sustainable growth and community engagement, Yowell’s leadership is expected to bring innovative strategies to Perrotti's Pizza, enhancing its appeal and operational efficiency. With an expansive vision for the future, ALG Holdings is poised to make significant advancements in creating value across its holdings.
View of Dealert
Evaluating this acquisition, it appears to be a prudent investment for ALG Holdings. The strong location at Texas Christian University provides a unique opportunity to attract a consistent customer base. Furthermore, the potential for operational improvements under new ownership can significantly enhance profitability.
Additionally, ALG's commitment to employee salary increases underscores a forward-thinking approach that prioritizes employee welfare. This can lead to higher employee satisfaction and retention, translating into better customer service and overall operational success.
The restaurant industry, particularly family dining venues, has a strong growth trajectory, especially in vibrant environments like those surrounding universities. The increased consumer demand for high-quality, convenient dining options also positions the restaurant favorably within this sector.
In conclusion, the acquisition of Perrotti's Pizza could prove to be an excellent investment for ALG Holdings, leveraging both local market dynamics and the strength of the existing brand while implementing innovations to drive growth.
Similar Deals
Hometown Food Company → Chef Boyardee® brand shelf-stable products
2025
Naomi Osaka, Steve Aoki, Cameron Newton → Daring Foods
2023
DSM-Firmenich Venturing and Sienna Venture Capital → Incredo
2023
Temasek, Abu Dhabi Growth Fund (ADG), Synthesis Capital → UPSIDE Foods
2022
Greenleaf Foods, Tyson Ventures, Kellogg’s Eighteen94 Capital, Bunge Ventures → MycoTechnology
2020
ALG Holdings Family, LLC.
invested in
Perrotti's Pizza
in 2021
in a Other deal