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New Deal


Announced

OTPP to invest in BHC Group in a $275m deal.

Financials

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Transaction Value£206m
Consideration TypeCash
Capital Owned-
Capital Bid For16%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Restaurants and Bars

Cross Border

Private

Minority

chickeria restaurants

Pending

South Korea

Private Equity

Friendly

Acquisition

Single Bidder

Synopsis

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Ontario Teachers' Pension Plan agreed to invest in BHC Group, a South Korea’s fried chicken, in a $275m deal. OTPP valued the unlisted BHC at $1.7bn, almost three times what the special purpose company paid two years ago. Elevation PE is fully exiting from the Korean franchise with hefty returns.

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