All Cote articles – Page 18
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Diary
Diary: Cote, Greene King, JDW and No Saints
This week’s Diary includes a look at the chairmanship of Byron and Cote, a love-in between Tom Kerridge and Greene King, Steve Thomas being bullish about No Saints, and clear-the-air talks on VATMusical chairsThere are several similarities between Byron and Cote. Both are impressive casual dining concepts, which were launched ...
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NewsCote secures Bishop Stortford site
Cote, the CBPE-backed chain, has further strengthened its pipeline for the coming 12 months, after securing a site in Bishop Stortford, Hertfordshire
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Analysis & InsightBreak out for Byron
Earlier this month, the Gondola Group’s chief executive Harvey Smyth said that the last 12 months had been a break-out year for the company’s burger brand, Byron. On Friday, those words took on new meaning. A process that had stalled back in June was jump started by an off-market approach by Hutton Collins. But what changed in the last three or so months and what next for both Byron and Gondola?
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News
Cote secures Wokingham site
Cote, the CBPE-backed chain, has further strengthened its pipeline for the coming 12 months, after securing a site in Wokingham
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NewsCote & Bill's close in on Bury St Edmund units
Cote and Bill’s, the former sister brands, have applied to open in adjacent units in the centre of Suffolk town Bury St Edmunds
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NewsTurner to chair Novus, Cullum takes CEO role
Graham Turner, the former chief executive of Tragus, has been appointed executive chairman of Novus, the LGV Capital and Huttons Collins-backed premium bar and restaurant group, as it gears up for its next stage of growth
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News
Sector firms make job pledge
Restaurant and hospitality businesses from across London and the South East are to take a pledge to create new jobs for 16 to 24-year-olds
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NewsCote acquires Odin's site
Cote, the CBPE-backed chain, has completed on its acquisition of Odin’s in London and is to begin trading there on 9 December, M&C Report has learnt
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NewsLe Bistrot Pierre secures expansion fund
Le Bistrot Pierre, the highly-rated French restaurant chain, has secured a new multi-million pound financing deal that will see the 10-strong group double the number of its outlets over the next four years
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NewsGrillshack team to launch Jackson + Rye
The team behind Grillshack, the new fast-casual concept backed by Richard Caring, which opened in London’s Soho earlier this month, has confirmed that it is set to open a new restaurant and cocktail bar called Jackson + Rye in Wardour Street this December
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NewsGrillshack team to launch Wardour Street site
The team behind Grillshack, the new fast-casual concept backed by Richard Caring, which opened in London’s Soho earlier this month, is set to open a new restaurant and cocktail bar in Wardour Street this December
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NewsFY EBITDA stable at Gaucho
Gaucho, the Argentinean steakhouse concept led by Zeev Godik, reported flat EBITDA growth in its last financial year, as interest payments and the closure of its Beirut site impacted turnover
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News
Cote to open two more this year
Cote, the CBPE-backed chain, is on course to open two more sites this year to take its estate total to 46 restaurants
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OpinionThe investment case
At four o’clock last Wednesday morning the deal for Cote, which had been nearly a year in the making, finally got over the line. Many had questioned whether it would actually happen, with rumours of a parked process and complications over finding a chairman, but there was always a sense that this was one deal that would go through. So what next for the brand and for the leisure sector as a whole and what further opportunities are on the horizon?
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News
Jack: Sector acquisitions at six-year high
The current period is the most active for acquisitions in the licensed retail sector since 2007, a leading analyst has argued following the £100m sale of Cote and the expected imminent sale of 300 Greene King pubs
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NewsCBPE completes Cote acquisition
CBPE, the private equity firm that was once part of Close Brothers investment bank, is understood to have completed the acquisition of Cote, the Richard Caring-backed French brasserie chain, early this morning in a deal thought to be worth around £100m
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Weekend PressCote takes Odin’s
Cote, the Richard Caring-backed chain, which is currently involved in a sales process, has secured Odin’s, the former Langan’s Restaurant site in London’s Marylebone
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News
Osmond eyes 'triple-A' investment opportunities
Hugh Osmond, the high-profile investor, has told M&C Report he’d invest “as much as it takes” to grow a small number of “triple-A” leisure operators into national brands
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Weekend Press
Weekend press round-up, 31 August-1 September
RestaurantsCote tempts new suitorRichard Caring is edging closer to a deal to sell his Cote brasserie chain for about £100m. CBPE, the private equity firm that was once part of Close Brothers investment bank, is in talks to buy the 45-strong chain.It has leapfrogged Bridgepoint, a rival firm best known ...
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Weekend Press
Bank Holiday weekend press round-up, 24-26 August
RestaurantsFood police lose fight to outlaw rare beefburgersBeefburgers cooked rare can remain on restaurant menus after a judge rejected claims by food watchdogs that they are a health risk. A wine bar and restaurant chain had been told to stop serving the burgers unless they took certain safety precautions. The ...