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Papa Murphy’s to Expand Presence in Missouri and Arkansas

VANCOUVER, Wash., April 28, 2016 (GLOBE NEWSWIRE) -- Papa Murphy’s Holdings, Inc. (Nasdaq:FRSH) today announced plans to strengthen and grow its presence in Missouri and Arkansas. The company, which currently has over 1,500 locations in 38 states, recently completed acquisitions of nine existing Papa Murphy’s franchise stores in the Joplin, Missouri and Ft. Smith, Arkansas areas. Papa Murphy’s intends to leverage the deal as a springboard for further expansion throughout the Midwest and Southeast.

“Since opening our first stores in Missouri and Arkansas 16 years ago, our concept and convenient solution to the dinnertime dilemma has resonated well with families who want a wholesome and delicious meal,” said Jayson Tipp, chief development officer and senior vice president of technology, of Papa Murphy's. “This acquisition will support our existing store base as we continue to expand our presence in this area of the country. We look forward to opening more stores in these states to offer additional locations for customers to create their own fresh, customized pizza they can feel good about serving their families.”

This announcement marks yet another growth milestone for Papa Murphy’s who recently announced expanded store development agreements in Kansas, Minnesota, Wisconsin and North Dakota, Alabama and North Carolina. Papa Murphy’s has benefited from recent strong new store growth in Arkansas and Tennessee and anticipates continued strong growth in conjunction with this acquisition. In addition to entering this market, Papa Murphy’s expects to add between 115 and 120 new domestic locations in 2016.

The company makes fresh dough in-store daily and tops its pizzas with fresh vegetables chopped daily, 100 percent whole-milk mozzarella - grated in-store each day - high quality meat with no added fillers and specialty, premium ingredients like spicy fennel sausage, Angus steak, roasted garlic and artichoke hearts. Papa Murphy's core purpose is to bring families together through food people love with a goal of creating fun, convenient and fulfilling family dinners.

To find a Papa Murphy’s location nearest you and order fresh and customizable offerings online, please visit www.papamurphys.com. To connect with Papa Murphy’s through Facebook visit www.facebook.com/papamurphyspizza or Twitter and Instagram at @PapaMurphys #LoveAt425.

About Papa Murphy’s
Papa Murphy's Holdings, Inc. (Nasdaq:FRSH) is a franchisor and operator of the largest Take ‘N' Bake pizza chain in the United States, selling fresh, hand-crafted pizzas ready for customers to bake at home. The company was founded in 1981 and currently operates more than 1,500 franchised and corporate-owned fresh pizza stores in 38 States, Canada and United Arab Emirates. Papa Murphy's core purpose is to bring all families together through food people love with a goal to create fun, convenient and fulfilling family dinners. In addition to scratch-made pizzas, the company offers a growing menu of grab 'n' go items, including salads, sides and desserts. Order online today at www.papamurphys.com.

Media Contact: Christine Beggan, ICR Christine.Beggan@icrinc.com 203-682-8329

Source:Papa Murphy's Holdings, Inc.