Papa Murphy's is a franchisor and operator of the Take 'n' Bake pizza brand as well as a menu of grab-and-go items.
MTY Food Group Inc., a Canada-based franchisor in the restaurant industry, announced plans to acquire Papa Murphy's Holdings, Inc., Vancouver, Wash., for $190 million.
Papa Murphy's is a franchisor and operator of the Take 'n' Bake pizza brand as well as a menu of grab-and-go items, including salads, sides and desserts. Papa Murphy's operates 1,331 franchised and 106 corporate-owned stores in 37 U.S. states, Canada and the United Arab Emirates.