Vietnam-focused private equity firm Mekong Capital on Friday announced that it has completed an investment in Pizza 4P’s Corporation through the Mekong Enterprise Fund III.
The deal comes barely three days after Mekong Capital announced its financing in pharmacy chain Pharmacity.
Pizza 4P’s is the ninth company to receive investment from the Mekong Enterprise Fund III.
Founded in 2011 by Japanese couple Yosuke Masuko and Sanae Masuko, Pizza 4P’s restaurants serves more than 4,700 customers per day across its 11 chain in Ho Chi Minh City, Hanoi and Da Nang.
“We are incredibly excited to partner with Pizza 4P’s. Not only because we are huge fans of their product and see the potential for the brand to grow considerably, but also we are very inspired by the vision of the founders, Masuko and Sanae,” said Mekong Capital founder Chris Freund.
Launched in May 2015, Mekong Enterprise Fund III is a private equity fund, and currently has $112.5 million in committed capital.
Mekong Enterprise Fund III has backed nine companies including ABA Cooltrans, Red Wok (formerly Wrap & Roll), F88, Ben Thanh Jewelry (Precita), Nhat Tin, Yola Education, Pharmacity, Vua Nem and now Pizza 4P’s.