McWin-backed L’Osteria completed the acquisition of a majority stake in Pizza Pilgrims.

McWin-backed L’Osteria, a European chain of Italian restaurants, completed the acquisition of a majority stake in Pizza Pilgrims, a UK-based restaurant chain. Financial terms were not disclosed. “We are so excited about our partnership with L’Osteria – and the opportunity it presents for the business that we love and our wonderful teams. We have constantly strived to make Pizza Pilgrims a better business every day since we started out on our market stall in Soho – and we would like to thank our longstanding Board and all of our outgoing investors for their support and shared wisdom over that time," Thom and James Elliot, Pizza Pilgrims Co-Founders.