Add-on Acquisition • Restaurants

Spice Private Equity Exits Leon Restaurants

On April 18, 2021, EG Group invested in restaurant Leon Restaurants from Spice Private Equity

Investment Context
  • This is EG Group’s 1st transaction in the Restaurants sector.
  • This is EG Group’s 1st transaction in the United Kingdom.

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Investment Summary

Date April 18, 2021
Target Leon Restaurants
Sector Restaurants
Investor(s) EG Group
Sellers(s) Spice Private Equity
Deal Type Add-on Acquisition

Target Company

Leon Restaurants

London, United Kingdom
Leon Restaurants is an operator of fast-food restaurants. It serves Breakfast, Lunch, Dinner, Coffee, and Drinks. Leon Restaurants was founded in 2004 and is based in London, Engaland.
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Investor Overview 1

Investor

EG Group

Blackburn, United Kingdom

Category Company
Sector Retail
DESCRIPTION

EG Group is an independent convenience retailer with a network of sites across international markets in the United Kingdom & Ireland, Continental Europe, Australia, and the United States of America. The company's transformational convenience retail business model comprises a portfolio of retail brands, and through strategic network acquisitions supported by a programme of new-to-industry developments. EG Group is based in Blackburn, United Kingdom.


Deal Context for Investor #
Overall 1 of 1
Sector: Restaurants 1 of 1
Type: Add-on Acquisition 1 of 1
Country: United Kingdom 1 of 1
Year: 2021 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-08-14 EG Australia

North Sydney, Australia

EG Australia offers fuel and convenience needs by combining a range of household essentials, meal deals, and snacks, with the expert support of partners such as Mocopan Coffee. EG Australia was formed in 2019 and is based in North Sydney, Australia.

Sell AU$1.1B

Seller Profile 1

DESCRIPTION


Deal Context for Seller #
Overall 2 of 2
Sector: Restaurants 2 of 2
Type: Add-on Acquisition 1 of 1
Country: United Kingdom 1 of 1
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-10 Bravo Brio

Columbus, Ohio, United States

Bravo Brio is a restaurant company featuring two rapidly growing, category defining brands in the upscale casual Italian dining segment: Bravo Cucina Italiana and Brio Tuscan Grille. Bravo Brio was founded in 1987 and is based in Columbus, Ohio.

Sell -