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Riko's Pizza acquires Long Island franchises

PRIVATESep 01, 20266 days ago

Acquiring Company

Riko's Pizza

Acquired Company

WORQ

StamfordMalaysiaFood and Beverage

Description

Riko's Pizza has announced its acquisition of two franchise locations in Merrick and Levittown, New York, converting them to corporate-owned operations. This marks a significant step in Riko's expansion strategy, as the company aims to strengthen its presence in Long Island. The transaction was completed on August 31, and further investments are planned for the acquired locations.

Company Information

Company

Riko's Pizza

Location

Stamford, Connecticut, United States

About

Riko's Pizza is a highly differentiated pizza franchise concept famous for its super-thin crust tavern-style pies, local neighborhood atmosphere, and extensive selection of craft beers, wines, and specialty cocktails.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired WORQ?

WORQ was acquired by Riko's Pizza, based in Stamford. The deal was reported on September 1, 2026. Riko's Pizza is a highly differentiated pizza franchise concept famous for its super-thin crust tavern-style pies, local neighborhood atmosphere, and extensive selection of craft beers, wines, and specialty cocktails. Riko's Pizza is privately held and operates in Food and Beverage.

When did Riko's Pizza acquire WORQ?

Riko's Pizza's acquisition of WORQ was reported on September 1, 2026. Riko's Pizza has announced its acquisition of two franchise locations in Merrick and Levittown, New York, converting them to corporate-owned operations. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does WORQ do?

Malaysia-based co-working space provider with a goal to expand its co-working space operations. It is privately held, and is based in Malaysia.

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