Final round bid were submitted this week to acquire a stake in Gordon Ramsay Group, with three private equity groups left in the process, M&C Report understands.
It is thought that Searchlight Capital; former YO! Sushi backer Primary Capital; and Equistone, were among the parties interested in acquiring up to a 50% stake in the high-profile chef’s restaurant business, which would value it at around £80m.
Former Wagamama-backer Lion Capital was also believed to have run the rule over the business, but has since pulled out of the process.
Last year, Ramsay appointed BDO to advise on secure new investment to underpin the expansion of his restaurant portfolio, which includes 17 sites in the UK, such as Bread Street Kitchen in the City and the Michelin-starred Restaurant Gordon Ramsay in Chelsea.
He also operates 14 sites internationally, including restaurants in the US and Hong Kong.
