Ex-Clapham House Group chairman David Page has acquired the six-strong Real Greek chain from Capricorn Ventures, M&C Report has learnt. Page was backed in the deal by a new consortium of around 15 investors, including a number who currently back the two-strong Rocca pizza chain. It is understood that the deal values the chain at around £3m dependent on the performance of the business in the first year. M&C Report understands that Page beat up to four other parties, including Luke Johnson, in a competitive bidding process to acquire the chain. Sources close to the deal indicated that Capricorn was impressed by the “all round package” put forward by the Page-led consortium. Nabil Mankarious, who resigned as operational director at Gourmet Burger Kitchen (GBK), the fast-casual burger brand, earlier this year, will now oversee the business. Mankarious, who will become managing director of the Real Greek, was previously operations director at Tootsies and before that an area manager responsible for 125 Pizza Express sites across London. Page told M&C Report that the business was in very good shape and that the new owners would assess the roll out potential for the chain after the opening of its seventh site in September at the Westfield Stratford City development. It is thought that the company will look at similar sites as part of the chain’s future expansion. The Real Greek currently operates sites in Bankside, Covent Garden, Hoxton, Marylebone, Spitalfields and Westfield. A seventh site in Putney was disposed of last year. Capricorn Ventures, the private equity owner of the GBK and Nando’s chains, placed the Real Greek on the market earlier this year. In February, Page, the restaurant industry veteran and former chief executive of Pizza Express, teamed up with Giuseppe Mascoli, the Italian chef behind the fledgling Franco Manca pizza chain. The duo formed a company called Foglia di Fico Produzioni (Fig Leaf Productions) to expand the two-strong Franco Manca business. A third Franco Manca site will open at Westfield Stratford this year. Page always had a soft spot for Real Greek, although it never fitted in with Clapham House Group’s larger growth plans for GBK.