M&A Deal Summary

Famous Brands Management Acquires Gourmet Burger Kitchen

On September 1, 2016, Famous Brands Management acquired restaurant Gourmet Burger Kitchen from YellowWood Group for 120M GBP

Acquisition Highlights
  • This is Famous Brands Management’s 4th transaction in the Restaurants sector.
  • This is Famous Brands Management’s 0th largest (disclosed) transaction.
  • This is Famous Brands Management’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2016-09-01
Target Gourmet Burger Kitchen
Sector Restaurants
Buyer(s) Famous Brands Management
Sellers(s) YellowWood Group
Deal Type Divestiture
Deal Value 120M GBP

Target

Gourmet Burger Kitchen

London, United Kingdom
Gourmet Burger Kitchen Ltd. owns and operates a chain of restaurants that offers chicken, cheese, beef burger and veggies.

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Buyer(S) 1

Buyer

Famous Brands Management

Midrand, South Africa

Category Company
Founded 2001
Sector Restaurants
DESCRIPTION

Steers, South Africa’s leading burger brand has been serving South Africans its legendary 100% pure beef, flame-grilled burgers and handmade chips for almost 50 years. Steers has won the Leisure Options Award for the Best Burger for the past 17 years running, and Best Chips for the past 14. Steers success is due in part to its extensive network of 505 local restaurants together with its growing African footprint of 45 restaurants, operating in countries such as Nigeria, Mauritius and Zambia. Steers track-record proves that flame-grilled, just tastes better.


DEAL STATS #
Overall 7 of 7
Sector (Restaurants) 4 of 4
Type (Divestiture) 2 of 2
Country (United Kingdom) 1 of 1
Year (2016) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-26 Lamberts Bay Foods

Lamberts Bay, South Africa

Lamberts Bay Foods Ltd. is a fries and other value added potato products manufacturer. LBF was established in 1995 and is headquartered in Lamberts Bay, South Africa.

Buy -

Seller(S) 1

SELLER

YellowWood Group

Raleigh, North Carolina, United States

Category Company
Founded 2003
Sector Business Services
DESCRIPTION

YellowWood Group LLC is a strategy development firm. YellowWood partner with private companies, public sector agencies and non-profit entities to help them get their dreams and goals on paper and achieve outrageous outcomes.


DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-01 Gourmet Burger Kitchen

London, United Kingdom

Gourmet Burger Kitchen Ltd. owns and operates a chain of restaurants that offers chicken, cheese, beef burger and veggies.

Buy -