M&A Deal Summary

Bank Restaurant Group Acquires Individual Restaurant

On November 27, 2006, Bank Restaurant Group acquired restaurant Individual Restaurant from Gresham for 41M GBP

Acquisition Highlights
  • This is Bank Restaurant Group’s 1st transaction in the Restaurants sector.
  • This is Bank Restaurant Group’s 0th largest (disclosed) transaction.
  • This is Bank Restaurant Group’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2006-11-27
Target Individual Restaurant
Sector Restaurants
Buyer(s) Bank Restaurant Group
Sellers(s) Gresham
Deal Type Add-on Acquisition
Deal Value 41M GBP

Target

Individual Restaurant

Manchester, United Kingdom
Individual Restaurant Co. Ltd. is owns and operates 34 restaurants in major UK cities, towns and suburbs.

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Buyer(S) 1

Buyer

Bank Restaurant Group

London, United Kingdom
Category Company
Founded 2000
Sector Restaurants
DESCRIPTION

Bank Restaurant Group plc is an operates restaurants in UK.

DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2006) 1 of 1

Seller(S) 1

SELLER

Gresham

London, United Kingdom
Category Private Equity Firm
Size Large
Type Sector Agnostic
DESCRIPTION

Gresham LLP is a private equity firm focused on management buyouts across a broad range of industries in the UK. Gresham considers transactions up to GBP100 million with an emphasis on opportunities in business services, support services, consumer products and services, financial services, healthcare/pharmaceuticals, industrial products and energy/environmental. Gresham is based in London with additional offices in Birmingham and Manchester.

DEAL STATS #
Overall 9 of 27
Sector (Restaurants) 1 of 2
Type (Add-on Acquisition) 3 of 10
Country (United Kingdom) 9 of 27
Year (2006) 5 of 5
Size (of disclosed) 9 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-31 Whitworths

Northamptonshire, United Kingdom

Whitworths Ltd. is a provider of dried fruits, nuts and seeds within the culinary ingredients and snacking sector. Whitworths was founded in 1886 and is based in Northamptonshire, United Kingdom.

Sell £86M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-18 Town Centre Restaurants

Middlesex, United Kingdom

Town Centre Restaurants is a privately owned restaurant groups comprised of three main brand Cafe Giardino, Auberge and Azzurro. Town Centre Restaurants was founded in 1992 and is based in Middlesex, United Kingdom.

Buy £48M
Mergr

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