
August 25, 2026
Mexico-based private investment firm KM Capital has joined Papa Johns as its new franchise partner in Mexico, assuming leadership of 44 existing restaurants across the country, according to a press release.
The pizza delivery chain called Mexico, which is the world's third-largest pizza market, a priority growth area and a key part of its long-term expansion strategy. Through the new partnership, Papa Johns plans to expand its footprint via continued investment in restaurant operations, brand development and future restaurant growth.
"Mexico is an important market for Papa Johns, and KM Capital brings the local expertise, commercial discipline and strategic growth mindset needed to support the brand's next phase," John Matter, global chief development officer at Papa Johns, said in the release. "Together, we are focused on enhancing the customer experience, growing our presence in the market and building a stronger Papa Johns brand for consumers across Mexico."
KM Capital's executive leadership team recently met with Papa Johns executives to align on market priorities and long-term development opportunities.
"We are proud to join the Papa Johns system and excited by the opportunity to build on the brand's strong foundation in Mexico," Enrique Ruiz Mandujano, founding partner and CEO of KM Capital, said in the release. "Mexicans have a strong passion for pizza, and we see an opportunity to grow the Papa Johns brand by delivering great pizzas and expanding our reach to serve more communities across the country."
Papa Johns operates approximately 6,000 restaurants in about 50 countries and territories. The company stated its locations in Mexico will continue to feature a combination of global favorites and locally relevant menu innovations.