Announced
Financials
Sources
Tags
Friendly
restaurant chain
Private Equity
Majority
Spain
Restaurants and Bars
Cross Border
Private
Single Bidder
Acquisition
Pending
Synopsis
BlueGem Capital, an independent London-based private equity fund, agreed to acquire a majority stake in FoodBox, a multi-brand restaurant group, from Nazca, a private equity company. Financial terms were not disclosed. "FoodBox represents the latest divestment of our Nazca III Fund. We are proud that, together with Augusto and Carlos, we have been able to create from scratch a multi-brand restaurant platform of reference in Spain. We are confident about the success of the next phase of FoodBox," Carlos Pérez de Jáuregui, NAZCA Partner.
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