| Prz Realisations (2) Limited | |
| Type: | Private |
| Location City: | Woodford Green, Essex |
| Location Country: | United Kingdom |
| Key People: | Jon Hendry Pickup (CEO)[1] |
| Industry: | Restaurant |
| Parent: | TPG Capital |
| Subsid: | Chimichanga Cafe Uno Prezzo Cleaver MEXIco |
Prz Realisations (2) Limited[2] is a chain restaurant operator in the United Kingdom.
In 2014 the company was bought by private equity investment firm TPG Capital for just over £300 million.
On 23 March 2018 Prezzo Holdings announced it was closing the 33 branch Tex-Mex chain Chimichanga, and closing 92 branches of the Prezzo chain, in a company voluntary arrangement (CVA) restructuring whereby rents at 57 other sites were to be reduced by between 25% and 50%. The contraction jeopardised up to 1,800 out of the 4,500 jobs at the time.[3]
It operates using several casual dining brands:[4]