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New Deal


Announced

Completed

Artfarm completed the acquisition of Groucho Club from Alcuin Capital, ICG Enterprise Trust and Isfield Investments.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Recreational Products

leisure facilities

Majority

Single Bidder

United Kingdom

Cross Border

Friendly

Acquisition

Completed

Private Equity

Synopsis

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Artfarm, an independent hospitality and development company, completed the acquisition of Groucho Club, an operator of private membership club, from investment firms Alcuin Capital, ICG Enterprise Trust and Isfield Investments. Financial terms were not disclosed. "I am delighted that we have reached agreement with Artfarm, who are the perfect owners for the Groucho. Their mix of cultural engagement, pedigree in art and excellence in hospitality sits very well with the particular spirit of a members club that has been an important part of London's cultural life for many years," Nick Hurrell, The Groucho Club Chairman.

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