All Prezzo articles – Page 14
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NewsOsmond drops out of La Tasca running
Hugh Osmond’s Sun Capital vehicle is understood to have dropped out of the running to acquire La Tasca, which was placed on the market earlier this year
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NewsOsmond runs rule over La Tasca
Hugh Osmond’s Sun Capital Partners vehicle is believed to be one of the parties running the rule over La Tasca
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NewsPE and trade suitors circle La Tasca
Up to six parties are still believed to be in the running to acquire La Tasca, which was placed on the market earlier this year
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Analysis & InsightThe hopes and fears facing our industry
As we stand at the midpoint of 2015, it now seems timely to reflect on the ‘Hopes and Fears’ facing our industry and what we might expect to see in the latter half of the year, writes Stephen Evans, development director at Gourmet Burger Kitchen
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NewsPrezzo begins search for CEO Kaye’s successor
Prezzo, which was taken private by TPG Capital earlier this year, has started the search for a new chief executive
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Weekend Press
Weekend press round-up, 20-21 June
Top story Jamie’s 10p ‘sugar tax’ on fizzy drinks Jamie Oliver is imposing his own levy on sweet drinks sold in his restaurants in protest at the government’s refusal to introduce a “sugar tax”. Oliver, the celebrity chef and restaurateur, will add a 10p charge to every drink with added ...
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OpinionYoung's at heart of M&A theory
There has been movement in the acquisitions market, talk of a flotation and likely responses to the market rent-only option (MRO) recently, and Dominic Walsh thinks there may be more on the horizon
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NewsBistrot Pierre launches in Bath
Bistrot Pierre, the highly-rated French restaurant chain, has opened its latest site in Bath
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NewsOne in and one out for Giggling Squid
Giggling Squid has secured a further site in Esher, but also announced the imminent closure of its unit in Crawley
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NewsTampopo consolidates estate
Tampopo is to pull out of its sites in Reading and Bristol, after taking the decision to surrender both the leases back to the landlord
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News
Prezzo sets for Spur Lakeside site
Prezzo, the TPG Capital-backed, group, is in talks to acquire the Spur steakhouse site in the Lakeside scheme in Essex
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Analysis & InsightToby, Prezzo and Subway outperform in KPIs
Consumers rate Toby Carvery highest among pub brands for food quality, value for money and low prices
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NewsMorrison swaps Chimichanga for Giggling Squid
Giggling Squid, the fast growing chain of Thai restaurants, has hired Peter Morrison as its new operations director
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NewsGiggling Squid secures further Prezzo site
Giggling Squid has secured a further former Prezzo site and its first in Suffolk, after acquiring the Chimichanga in Bury St Edmunds
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News
Le Bistrot Pierre lines up Swansea opening
Le Bistrot Pierre, the highly-rated French restaurant chain, has lined up an opening in Swansea as it looks to grow its 2016 openings pipeline, M&C Report understands.
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Analysis & InsightWe want to be together
After a relatively slow start to the year, momentum behind M&A in the sector is starting to pick up, with the sales processes of La Tasca and Las Iguanas moving up a gear. Consolidation of the market place is high on the agenda
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Weekend Press
Weekend press round-up 2-4 May
Weekend press round-up 2-4 May Restaurants Las Iguanas circled by private equity firms Las Iguanas, the Latin American dining chain, is being circled by private equity firms in the latest sign of growing investor appetite for restaurant deals. Bowmark Capital, the group’s owner, is understood to be looking ...
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NewsDeliveroo’s European expansion accelerates
Deliveroo, the restaurant delivery platform, is launching in 20 cities in continental Europe in the next six months after entering its first international markets in Dublin, Berlin and Paris
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News
Casa Brasil secures third site
Casa Brasil, the all-you-can-eat Brazilian Rodizio concept, is opening its third restaurant after securing a site in Portsmouth.
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NewsPrezzo package sold for £10m
OLIM Property Limited has acquired eight restaurants in a sale and leaseback transaction with Prezzo for a price in excess of £10m