PizzaExpress is a British multinational restaurant group, owned by a group of bondholders. It has over 470 restaurants across the United Kingdom and 100 overseas in Europe, Hong Kong, China, India, Indonesia, Kuwait, the Philippines, the United Arab Emirates, Singapore and Saudi Arabia. It was founded in 1965 by Peter Boizot. PizzaExpress celebrated its 50th anniversary in 2015. In July 2020, the business was taken over by its bondholders under a debt-for-equity swap with previous owner Hony Capital. In November 2020, Hony Capital left the business and the group restructure completed, help cutting the casual dining chain's debt by more than £400 million.