We provide flexible capital solutions to expansion-stage restaurant chains.

 

Our Focus

Our main investment focus is on European headquartered businesses within the Quick Service, Fast Casual, Casual Dining and Specialty categories. We like authentic, purpose-driven brands with scalable, technology-enabled operating models.

 
 

Quick Service

Casual Dining

Fast Casual

Specialty

Transaction Structures

We look to invest €15-150 million over the life of an investment (typically 5-7 years). We take minority and majority positions and can structure transactions with a mix of equity and debt so as to provide a less dilutive funding solution than traditional private equity buy-out firms. As entrepreneurs and former operators ourselves, we take a more management friendly approach and ensure alignment with the teams we partner with.

 

Investment criteria

 
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Proven concepts with at least 10 sites and revenues up to €250 million.

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Bold, ambitious and experienced operators with a passion for disrupting the status quo.

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Superior store-level economics and quick payback on new stores.

 
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Technology-enabled operations (including FOH, BOH, click&collect, delivery).

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Strong employee culture and customer loyalty.

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Scalable business models with demonstrable domestic and/or international growth prospects.