The establishments will be operated as franchises by Starboard, supporting 540 jobs in the process.
The transaction is intended to provide investment into communities across the Midlands, Yorkshire, and the North West of England as several new stores are set to open this year.
Neil Manhas, general manager at Pizza Hut Delivery UK, said: “We’re excited to see what new growth 2021 has in store for us, including increasing our footprint through strategic franchising deals such as this.
“Starboard and our other franchisees play a key role in helping us to deliver customer favourites safely, provide essential jobs and support our communities throughout the pandemic.”
An operator of 21 hotels, Starboard first ventured into the takeaway sector in 2017 as Starboard Dining.
Frazar Callingham, managing director at Starboard Dining, said: “This 27-store portfolio offers an amazing opportunity to continue our expansion into the dining and hospitality space.
“The addition of this successful delivery chain to the Starboard portfolio will be welcomed by our hotel teams and by our other Starboard Dining business Wok To Walk. It is a natural fit as Starboard looks to further broaden its presence in the hospitality sector.”