All Prezzo articles – Page 15
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Analysis & InsightWe want to be together
After a relatively slow start to the year, momentum behind M&A in the sector is starting to pick up, with the sales processes of La Tasca and Las Iguanas moving up a gear. Consolidation of the market place is high on the agenda
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Weekend Press
Weekend press round-up 2-4 May
Weekend press round-up 2-4 May Restaurants Las Iguanas circled by private equity firms Las Iguanas, the Latin American dining chain, is being circled by private equity firms in the latest sign of growing investor appetite for restaurant deals. Bowmark Capital, the group’s owner, is understood to be looking ...
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NewsDeliveroo’s European expansion accelerates
Deliveroo, the restaurant delivery platform, is launching in 20 cities in continental Europe in the next six months after entering its first international markets in Dublin, Berlin and Paris
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News
Casa Brasil secures third site
Casa Brasil, the all-you-can-eat Brazilian Rodizio concept, is opening its third restaurant after securing a site in Portsmouth.
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NewsPrezzo package sold for £10m
OLIM Property Limited has acquired eight restaurants in a sale and leaseback transaction with Prezzo for a price in excess of £10m
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Analysis & InsightUK dining brands lead Europe’s top 25
UK restaurant brands account for 15 of the top 25 companies by sales, accounting for 19% of the total market, according to Horizons
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NewsPrezzo launches Spring menu
Prezzo, the TPG Capital-owned restaurant group, has launcing its Spring menu on 2 April
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NewsPrezzo plans sale & leaseback
Prezzo, the TPG Capital-owned restaurant group, is set bring a package of freehold sites on to the market as part of sale and leaseback proces
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News
Chimichanga opens 40th site
Chimichanga, the Prezzo-owned Mexican brand, will open its 40th site in Glasgow on Friday.
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Analysis & InsightByron and Browns named most satisfying brands
Byron and Browns have been named the most satisfying eating-out brands and Five Guys the best quality in CGA Peach’s BrandTrack survey.
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News
Prezzo disposes of Oxford Cleaver
Thai Leisure Group, the company behind the Chaophraya brand, has secured the Cleaver site in Oxford for Thaikhun, its street food-inspired concept, M&C Report understands.
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NewsRichoux grows Dean’s Diner pipeline
Richoux has bolstered its openings pipeline for Dean’s Diner, the group’s 1950’s-inspired American diner format, by securing a further three sites
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Analysis & InsightFeeding a casual-dining demand
A year of rapid change in the casual-dining sector in 2014 is likely to be followed by even more activity in the year ahead, as group transactions continue unabated and consolidations fuel a pent-up demand. Cenkos Securities’ Simon French reports
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Analysis & InsightCaught in the maul
It is not a technical term, but the word that many operators have used to some up their thoughts on the next 12 months is mental. Competition will continue to be fierce with all the on-going challenges that brings with it
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Weekend Press
Weekend press round-up, 10-11 January
A round-up of the relevant national and selected local press from the weekend
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NewsPrezzo shareholders accept TPG Capital bid
The board of Prezzo has announced shareholders have accepted TPG Capital £303.7m bid to acquire the company.
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News
Prezzo shareholders to vote on TPG bid
Prezzo shareholders will vote today on whether to accept TPG Capital’s £303.7m bid for the company.
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NewsLoungers sets out H1 openings
Loungers has set out its openings programme for the first half of this year, as it secures its first Cosy Club site in Birmingham
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NewsUS hedge fund further strengthens Prezzo position
Aggressive US hedge fund Elliott International has further increased its stake in Prezzo, ahead of the vote this Friday on the restaurant chain’s proposed takeover
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NewsUS hedge fund strengthens position in Prezzo
Aggressive US hedge fund Elliott International has further increased its stake in Prezzo, the Italian restaurant chain