In early 2007, Sbarro was acquired by MidOcean Partners, a private equity firm with offices in New York and London.

The company filed for Chapter 11 bankruptcy protection on April 4, 2011.
At the time it was ranked by Pizza Today as the country's fifth-largest pizza chain.
It was the third-largest pizza chain to declare bankruptcy in less than a year.
Earlier, Round Table Pizza (ranked no.
10) and Uno Chicago Grill (ranked no.
11), through its parent Uno Restaurant Holdings, filed bankruptcy.
Uno has since emerged.

In November 2011, Sbarro was granted court approval to emerge from bankruptcy under a plan requiring restructuring and ceding ownership to lenders; 25 sites were closed.
In January 2012, James J. Greco was brought in as CEO of Sbarro to implement a turnaround plan as the company emerged from bankruptcy.
Sbarro rebranded, updating its pizza recipe, food offerings, and branding, and bringing fresh ingredients back to the forefront of the menu.

On March 15, 2012, Sbarro announced a franchise agreement with Upper Crust Foods Pvt.
Ltd. to open restaurants in the Indian state of Maharashtra.
The franchisee will develop and operate the restaurants.
The first outlet opened in Chembur, Mumbai.
In July 2015 Sbarro announced that they planned to expand to 50 outlets in two years, from the 17 they had then.

In March 2013, Sbarro announced that J. David Karam would be the next CEO of the company.
In March of the following year, the company again filed for Chapter 11 bankruptcy protection.

Sbarro announced on June 3, 2014, that they had exited from bankruptcy protection on June 2 based on a reorganization plan as approved by the court on May 19.
One hundred and eighty-two locations were closed and the company announced plans to move its headquarters from New York City to Columbus, Ohio.

In January 2015, Sbarro's logo changed from a design resembling the Italian national flag, to an outline of a pizza slice in red and green, with the words "NYC.1956" to recollect the establishment's Brooklyn origins.

In 2016 Sbarro had 318 locations in the U.S., less than half of 12 years earlier.
The decline of mall food courts and changing dietary choices among Americans are felt to be the major factors in Sbarro's regression.
In early 2007, Sbarro was acquired by MidOcean Partners, a private equity firm with offices in New York and London.
The company filed for Chapter 11 bankruptcy protection on April 4, 2011. At the time it was ranked by Pizza Today as the country's fifth-largest pizza chain. It was the third-largest pizza chain to declare bankruptcy in less than a year. Earlier, Round Table Pizza (ranked no. 10) and Uno Chicago Grill (ranked no. 11), through its parent Uno Restaurant Holdings, filed bankruptcy. Uno has since emerged.
In November 2011, Sbarro was granted court approval to emerge from bankruptcy under a plan requiring restructuring and ceding ownership to lenders; 25 sites were closed. In January 2012, James J. Greco was brought in as CEO of Sbarro to implement a turnaround plan as the company emerged from bankruptcy. Sbarro rebranded, updating its pizza recipe, food offerings, and branding, and bringing fresh ingredients back to the forefront of the menu.
On March 15, 2012, Sbarro announced a franchise agreement with Upper Crust Foods Pvt. Ltd. to open restaurants in the Indian state of Maharashtra. The franchisee will develop and operate the restaurants. The first outlet opened in Chembur, Mumbai. In July 2015 Sbarro announced that they planned to expand to 50 outlets in two years, from the 17 they had then.
In March 2013, Sbarro announced that J. David Karam would be the next CEO of the company. In March of the following year, the company again filed for Chapter 11 bankruptcy protection.
Sbarro announced on June 3, 2014, that they had exited from bankruptcy protection on June 2 based on a reorganization plan as approved by the court on May 19. One hundred and eighty-two locations were closed and the company announced plans to move its headquarters from New York City to Columbus, Ohio.
In January 2015, Sbarro's logo changed from a design resembling the Italian national flag, to an outline of a pizza slice in red and green, with the words "NYC.1956" to recollect the establishment's Brooklyn origins.
In 2016 Sbarro had 318 locations in the U.S., less than half of 12 years earlier. The decline of mall food courts and changing dietary choices among Americans are felt to be the major factors in Sbarro's regression.
Sbarro