MOD Pizza Raises $32M in Equity Funding

March 18, 2016

PWP Growth Equity leads round to support MOD’s expansion in new and existing markets

Seattle, WA  (RestaurantNews.com)  MOD Pizza (“MOD”), the pioneer of fast casual pizza, today announced that it has raised approximately $32 million in an equity funding round led by existing investor PWP Growth Equity, a private equity fund managed by Perella Weinberg Partners. The Company intends to use the funds raised to finance its ongoing growth plans, which includes doubling its store base in 2016. The round represents an expanded investment from PWP Growth Equity, who led a $45 million round in MOD in March 2015.…