CiCi's Pizza's Management Buyout is Official

1 min read
Opinions expressed by Entrepreneur contributors are their own.

Coppell, Texas--CiCi's Pizza's longtime management team has assumed ownership of the company. Craig Moore, 45, the company's newly appointed president says, "For our franchisees and our customers, this transition will be seamless." After building CiCi's into a national chain with sales exceeding $336 million, founder Joe Croce decided to leave in order to spend more time with his wife and young children. He sold the thriving company to its existing management team.

"We've got some solid tenure, and we've always run the company like we owned it," said Moore. "We're going to continue doing that. Any changes we make will involve focusing more on our guests and using them in our decision-making processes. Our model and concept is strong. It works very well, and there's no reason to change." -Sanderson PR

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Are you paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.

Latest on Entrepreneur