Mr. Gatti’s Pizza has sold a majority stake to OneRyan Global, the family investment office of G. Brint Ryan, the pizza chain said Wednesday in an emailed press release. Terms of the deal were not disclosed.
OneRyan Global originally invested in the chain last October, when it bought a company-owned Mr. Gatti’s restaurant in Austin, Texas. That transaction made Mr. Gatti’s a 100% franchisee-operated chain. OneRyan Global took a minority stake in the brand in September, according to another emailed press release. The company also owns a Mr. Gatti’s Family Entertainment Center in Big Springs, Texas.
Ryan will serve as chairman, while Amanda S. Ryan will serve as vice chairwoman of the board of managers. The pizza chain’s corporate headquarters will remain in Fort Worth, Texas, and existing leadership will stay in place, with Jim Phillips remaining as CEO and KC Mann as chief financial officer. The new owners do not anticipate any impact to senior management.
“Our deep appreciation for the Mr. Gatti’s brand, combined with our firsthand experience operating locations across multiple markets, made this acquisition a natural and exciting opportunity,” said Amanda S. Ryan, CEO of OneRyan. “Mr. Gatti’s has built a category-leading platform in dining and family entertainment, supported by an exceptional network of franchisees. We look forward to helping the brand continue to grow and thrive.”
The chain has over 200 units open or in development, and has been exploring non-traditional avenues for growth. In 2024, Mr. Gatti’s developed a c-store prototype as part of its franchise opportunities and later it entered into an agreement to develop 92 units within Walmart Supercenter locations.
The company offers large family entertainment centers, averaging 12,500 square feet, which typically include an all-you-care-to-eat pizza, pasta and salad bar, as well as menu ordering and a dining room and arcade games, according to its franchise disclosure document. It also offers a 1,200-square-foot delivery and carryout format that offers pizza, pasta, wings and salad for online, phone and in-store ordering, with limited dine-in seating. As of 2024, the chain had 89 open outlets, with 24 of the smaller formats and 53 family entertainment centers.