Bertucci's closes 3 locations in CT

Galtero Lara
Abril 17, 2018

Bertucci's sought protection from creditors under Chapter 11 of bankruptcy law, which usually allows a company to stay in business while it works out a turnaround plan.

No more details were provided regarding whether or not those locations were still open or had already closed. The Company announced that it initiated bankruptcy with a an asset purchase agreement for the sale of substantially all assets and the assumption of certain liabilities, subject to higher or otherwise better offers.

The chain's filing says it already has a buyer, identified as Right Lane Dough Acquisitions LLC, which DE records show was formed on April 3.

"Today's filing is expected to be seamless for Bertucci's guests, trading partners and vendors, and result in minimal disruption to its operations, allowing us to strengthen the company's financial structure and position it for significant future growth", CEO Brian Wright, said in the release.

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Bertucci's has 4,200 workers at its 59 locations and the Northborough headquarters.

There are Bertucci's in Amherst, Andover, Attleboro, Beverly, Braintree, Brockton, Cambridge, Canton, Chelmsford, Framingham, Hingham, Holliston, Lexington, Longmeadow, Mansfield, Marlborough, Medford, Needham, Newton, North Andover, Norwood, Peabody, Plymouth, Randolph, Reading, Swampscott, Taunton, Waltham, Wayland, West Roxbury, West Springfield, Westborough and Woburn.

The original brick oven restaurant since 1981, Bertucci's is an Italian scratch kitchen and pizzeria known for artisanal authentic brick oven pizzas and handcrafted pastas, exhibition kitchens, and homemade Italian signatures, including the dough for our pizzas, calzones and famous fresh rolls.

Chief Executive Officer Brian Wright, who took the helm in 2016, started the program to combat rising competition from fast-casual chains like Panera Bread. Bertucci's has an Express Lunch promotion where diners are promised their meals in 15 minutes or less.

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