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New Deal


Announced

Completed

TDR Capital completed the £50m investment in Popeyes.

Financials

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Transaction Value£50m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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restaurant chain

Acquisition

Minority

Private Equity

Friendly

United States

Restaurants and Bars

Cross Border

Private

Completed

Single Bidder

Synopsis

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TDR Capital, a British private equity firm, completed the £50m investment in Popeyes UK, an American multinational chain of fried chicken fast food restaurants. "Tom Crowley and his team have done a fantastic job establishing Popeyes's presence in the UK over the last 18 months. There is significant demand for the brand and its product, which makes this an exciting, long-term investment opportunity for TDR. We're looking forward to putting our capital to work and supporting the company through its next phase of growth as it opens further locations and creates new jobs across the country," Tom Mitchell, TDR Capital Managing Partner.

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