Investment Summary |
|
|---|---|
| Date | 2016-04-25 |
| Target | Lupa Osteria |
| Sector | Restaurants |
| Investor(s) | Famous Brands Management Co. |
| Deal Type | Stake Purchase |
SEARCH BY
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 | 4 of 7 |
| Sector: Restaurants M&A | 2 of 4 |
| Type: Stake Purchase M&A Deals | 3 of 4 |
| Country: South Africa M&A | 4 of 6 |
| Year: 2016 M&A | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-11-01 |
Mythos
Johannesburg, South Africa Mythos is a restaurant chain that offers dining occasion, engagement, birthday party and various function. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-05-16 |
Salsa Mexican Grill
Johannesburg, South Africa Salsa Mexican Grill is a fast casual dining centered on traditional Mexican food and beverages. |
Buy | - |
