---
title: "Pei Wei Asian Diner Sold to PWD Acquisition LLC"
url: https://burnaze.com/article/38726e0a-cbbb-46cf-b2de-ade3b9ab8d2f
source: "1851 Franchise"
original_url: https://1851franchise.com/pei-wei-asian-diner-sold-to-pwd-acquisition-llc-2710159
category: "Family dining"
industry: "Restaurants"
segment: "Family dining"
topics: ["Finance & M&A"]
published: 2019-06-05T20:15:33.000Z
modified: 2026-11-01T02:10:59.612Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/5dc1ad9a42d908aa23c1551ab5b19799920.jpg
---

# Pei Wei Asian Diner Sold to PWD Acquisition LLC

**TL;DR:** Pei Wei Asian Diner has been sold to PWD Acquisition LLC for an undisclosed amount, adding to PWD's portfolio of quick-service Asian concepts. PWD Acquisition LLC owns 165 stores in 23 states, including Pick Up Stix, Leeann Chin, and Mandarin Express.

*originally published in 1851 Franchise on 2019-06-05. [Read the original](https://1851franchise.com/pei-wei-asian-diner-sold-to-pwd-acquisition-llc-2710159).*

## Story

It was announced today that PWD Acquisition LLC has purchased Pei Wei Asian Diner for an undisclosed amount, according to QSR Magazine .

Based in California and owned by Lorne Goldberg, PWD reportedly owns 165 stores in 23 states. Pei Wei will contribute to its portfolio of other quick-service Asian concepts, including Pick Up Stix, Leeann Chin and Mandarin Express.

According to QSR, Pei Wei split from P.F. Chang’s China Bistro in 2017. TriArtisan Capital Advisors LLC and Paulson & Co. Inc. purchased P.F. Chang’s in March of this year for a rumored $700 million.

Emily Clouse is a staff writer for 1851 Franchise. Her work has been featured with publications such as The Onion, Reductress, and Chicago Magazine. She graduated from The Ohio State University before running away to join the Peace Corps. In her free time, she enjoys drawing and walking to Jewel-Osco.

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- QSR Magazine (publication)
- acquisition (topic)
- quick service (topic)
- portfolio expansion (topic)
- P.F. Chang's (company)
- Pei Wei (company)
- TriArtisan Capital Advisors (investor)
- TriArtisan Capital Advisors acquisition of P.F. Chang's (deal)
- asian concepts (topic)

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Originally reported by 1851 Franchise (https://1851franchise.com/pei-wei-asian-diner-sold-to-pwd-acquisition-llc-2710159). Summarized by Burnaze (https://burnaze.com/article/38726e0a-cbbb-46cf-b2de-ade3b9ab8d2f).