[4] The first Prezzo restaurant was opened in central London by Jonathan Kaye, the company's chief executive, in 2000.
Prezzo donates 25p of the profits raised from sales of their Tropicana Pizza to the children's charity Fight for Life.
[10] Private equity firm TPG took over the Prezzo business in 2015 when Jonathan Kaye moved to a non-executive role.
[13] In February 2006, when Prezzo owned 73 restaurants, it initiated a major expansion of the business by dropping the price per share.
[18] Prezzo announced that it had gone into administration in late 2020, following the lockdowns of that year, and was later bought by Cain International.
In April 2023, the restaurant chain announced that it was to close a third of its locations after being hit by rising costs for ingredients and energy.