Announced
Completed
Financials
Sources
Tags
Quick Service Restaurant
Minority
Private
Single Bidder
Cross Border
Friendly
Acquisition
Restaurants and Bars
Completed
India
Private Equity
Synopsis
Creador, NewQuest and TR Capital, three private equity firms, completed a $155m investment in Sapphire Foods India, a franchisee operators of YUM! Brands in the Indian sub-continent. “The pandemic has spurred a transformative change in consumer buying patterns, with consumers migrating from the independent food sector to internationally recognised brands like KFC, Pizza Hut and Taco Bell, which provide great tasting food, a strong emphasis on food safety and hygiene, and omni-channel accessibility," Brahmal Vasudevan, Creador Founder and CEO.
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