On the record · Other

Pizza Hut

Yum! Brands agreed in June 2026 to sell Pizza Hut for $2.7B in two transactions: LongRange Capital takes the business outside mainland China for ~$1.5B plus a $75M earn-out through 2030, and Yum China bought the mainland China locations for $1.2B (closed August 7, 2026). LongRange gets 15,500+ restaurants in 108 countries and ~$10B in annual systemwide sales. The chain arrives with US systemwide sales down ~8% in fiscal 2025, same-store sales down 4% in Q1 2026, and roughly 250 US locations closed in the first half of 2026

Research depth

Name only

Identity indexed; ownership and transaction history not yet researched.

Record updated Sept. 4, 2026

We have this organization in the index, but have not yet sourced a transaction or researched its ownership history.

Its presence here does not establish private-equity ownership.

Current ownership

Current owner not established

This record does not identify a current owner. That absence is a gap in the record, not a conclusion about ownership.

1 ownership record has an unresolved current/former status.

Ownership and transaction history

Chronology from recorded ownership periods, transactions and reviewed outcome events. Event order does not imply causation.

Date not recorded

Ownership period began

Owner: LongRange Capital

Recorded history

What we do not know

These are gaps in the public record, not findings about the organization.

  • The organization's operating status has not been researched.
  • No current public ownership assessment has been published.

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