Hotline: 1800 102 2007
X
Search Business Opportunities
Jun, 03 2017

L Catterton Asia plans to invest around Rs 600 crore in Impresario Entertainment & Hospitality

A deal will include a primary infusion of capital to grow the company’s existing brands like Social and Smoke House Deli

Singapore-based private equity firm, L Catterton Asia is looking to buy a controlling stake in Indian restaurant chain operator, Impresario Entertainment and Hospitality Pvt. Ltd,

The valuation being considered for the company is around Rs 600 crore and the fund is believed to be currently doing a due diligence of the businesses.

A deal will include a primary infusion of capital to grow the company’s existing brands like Social and Smoke House Deli, as well as a secondary share sale that may see some existing investors reducing their stake or exiting entirely, sources said.

Though exact quantum of stake that will change hands is not yet final, it is likely to be as high as 60-75%.

In FY17, Impresario posted Rs 225-275 crore of revenue and Rs 25 crore of operating profit. 

Comment
Related opportunities
  • Juices / Smoothies / Dairy parlors
    About Us: Monginis is a Bakery & Confectionary Brand in India, which..
    Locations looking for expansion Maharashtra
    Establishment year 1971
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Tea and Coffee Chain
    About Us: The brand Chachago was created to raise public awareness..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Fine Dine Restaurants
    People whose INVESTMENT CAPACITY less than 25 Lacs should not..
    Locations looking for expansion New Delhi
    Establishment year 1950
    Franchising Launch Date 2000
    Investment size Rs. 50lac - 1 Cr.
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Central Delhi New Delhi
  • Computer Hardware & IT
    About Us: Mindlogicx is a premium technology brand operating in a..
    Locations looking for expansion Karnataka
    Establishment year 2002
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 750
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities