Announced

Epiris to acquire a majority stake in Casual Dining Group from KKR.

Synopsis

Epiris, a private equity firm, agreed to acquire a majority stake in Casual Dining Group, an operator of UK-based restaurant brands, from KKR & Co. Financial terms were not disclosed. "In common with most of the sector, The Big Table’s restaurants have been closed since late March. We will work with James and his team to re-open the restaurants, bringing over 4k people off furlough to enable customers to enjoy dining out again. This transaction will enable the business to trade through the uncertain months ahead and to invest in its three strong brands to deliver an even better experience for their customers," Ian Wood, Epiris Partner.

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